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FEUDALISM TO CAPITALISM

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Presentation on theme: "FEUDALISM TO CAPITALISM"— Presentation transcript:

1 FEUDALISM TO CAPITALISM
What is Marxism? A Bird's-Eye View Marx saw a struggle of two main classes: the capitalists, who own the productive resources, and the workers, who must work in order to survive. "Marxism" is essentially Marx's analysis of the complex and developing relations between these two classes.

2 Basic Cause Of Historical Change (according to Marx)
Class struggle Technological progress.

3 MARX AND CLASS CONFLICT
Overall, there are following elements in Marx's view of class conflict. Classes are authority relationships based on property ownership. A class defines groupings of individuals with shared life situations, thus interests. Classes are naturally antagonistic by virtue of their interests. Structural change is a consequence of the class struggle.

4 TRANSITION FROM FUDALISM TO CAPITALISM
TWO DECISIVE EVENTS MARKED THE GENESIS OF CAPITALISM 1) SERFDOM:- Abolition of all kinds of dependence 2) Labourer must be obliged to offer for sale that very labor power which exist only in his self living, instead of selling commodities. THE PRIMITIVE ACCUMULATION OF WEALTH “The economic structure of capitalistic society has grown out of the economic structure of feudal society . The dissolution of the later set free the elements of the former”….MARX Abolition of serfdom was the result of successful peasant class struggle against feudal lordship.

5 FEUDAL CRISIS occasioned an economic paralysis
Peasantry role in organizing the economy Medieval peasant villagers were quite capable of reproducing their own economy without the intervention of ruling class. Peasants organized their own life and worked on their own account, introduced innovative agricultural technology. Marx draws a clear distinction between the private property of small producers, founded upon their own labor and capitalistic private property resting upon the exploitation of the labor of others

6 PEASANT’S ECONOMY Experienced fall in income.
BENEFITS TO THE PEASANTS DISADVANTAGES TO THE LANDLORDS Direct producers destroyed their dependent position Liberty of peasants to move and sell. Major peasant families acquired sufficient land for earning, peasants holding increased. Fewer families depended on employment on wages Gains in the business of direct producers. Experienced fall in income. Landlords were forced to lease their lands to the peasants. Removal of all feudal control on the peasants land.

7 GENESIS OF CAPITALISTIC CLASS RELATIONS
English lords searched for new methods to organize land and labour to recoup their income. Adoption of new modes of farming. CONCLUSION:- The transition to capitalism occasioned redistribution of land from one class to another; if the land did not change hands the terms on which it was held were altered…..Facilitating capitalistic exploitations.


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