Writing Three Political Sociology

Political Sociology ConceptsStudent’s NameAuthor’s AffiliationCourse Name & NumberInstructor’s NameAssignment Due DatePolitical Sociology ConceptsCapitalismCapitalism is also described as a form of economy that grants freedom to ownership of businesses and means of production to be owned and controlled by private individuals. Marxism Theory of Karl Marx explains that capitalism is the due course of the economic classes among the capitalist Nations. According to him, the rich or bourgeoisie own and control the means of production and rely on the profit generated from their enterprises to maximize working hours in the production activities. Capitalism, also known as free enterprise or free-market economy, is most dominant among the Western Nations, particularly the United States of America. The existence of inequalities in the society which classifies individuals in various classes of the economy, including the rich, the working in the poor class is a result of increased capitalist activities that do not