International Political Economy Assignment Example | Topics and Well Written Essays - 750 words

International Political Economy - Assignment Example The labor product in this case was alien from the producers themselves (Mandel and Marx 69-72). The introduction of capitalist system opened trade to global world with the employment of huge masses of people to work in industries. However capitalist still remains exploitation of the workers by the ruling class the wealth produced by the workers is of benefit to the ruling class. Working in industries has exposed workers to poor working conditions. With the increase in market competition the workers who are viewed as commodities are turned to work under strict rules. This has had an adverse effect to human beings who in turn are subjected to harmful chemicals in the industries, which may lead to contraction of diseases (Scott 71-75). It is impossible to prevent some circumstances in capitalist. The overgrowing use of machines enhances high productivity of goods which creates employment opportunities for workers to work in those industries. It will however be difficult to avoid the use of child labor to work within these industries. Huge gap of social inequalities has also continued to widen further. The exploitation of the workers has constantly resulted into wars and crises which has been difficult to prevent (Scott 81-82). The division between the owners of production and the workers meant there is likelihood of war eruption which in this case is inevitable as a result, impairing the development of a capitalist economy. With huge concentration on capital whereby small retail units had to pave way for the enlargement of wide markets agriculturalists had to suffer. It should however be noted that this system of capitalist makes it very difficult to control the economic crises. Transition to communism is related with the struggle of class. Whether it is a violent or peaceful transition, it cannot be achieved through reforms that are isolated.