Application of Karl Marx’S Analysis of Class Struggle –The Case of Business Owners and Workers

Karl Marx was a professional and master of several academic disciplines but in all, he is summed up as more of a conflict theorist. According to conflict school of thought, groups are constantly competing for unequally distributed resources, such as wealth and power, each group seeking to benefit their own interest . Marx was an eyewitness of the growing social inequality in Europe at the swing of the industrial revolution. He saw rich factory owners (Bourgeoisie) who obtained their wealth from the labour of factory workers (Proletariat) who were paid little, often toiled long hours in dangerous conditions, and frequently lived in crowded spaces. He believed that the working class will one day revolt and overthrow the owners of the means of production