GKE Task 4

The two most significant social consequences of the First Industrial Revolution were the emergence of the Bourgeoisie and the rise of factories. As a result of new developments in machinery and the formation of factories, the division of the labor force drastically changed. No longer were people born into their crafts; however, they were able to choose factory work as their profession, and wealthy land owners were no longer able to count on the possession of large tracts of land as a form of wealth. The land owners either transitioned into becoming factory owners, or they faced bankruptcy due to lack of production which resulted from people born on their land leaving when they came of age to seek better paying …show more content…

The new theory of communism was developed from the combination of feudalism and Asia produced items.
The Link between Communism and Capitalism and the Development of Communistic Theory The disparity between the classes, the rich and the poor, was increasing by leaps and bounds every day. The demand of the rich factory owners to increase production thus increasing profits without any concern for the actual workers and their working conditions could be linked to Karl marks theory of communism (Price, 2004). The development of Communist theory naturally grew out of the ill-treatment of workers participating in Capitalism (Gates, 2011). Factory workers were dehumanized, dishonored, and treated as possessions by the factory owners (Gates, 2011). The consequences of the deplorable conditions of the employees created fertile beds for the theory of communism to take root and germinate (Steven, 2009)
In Capitalism, individuals can earn wealth, own their own property, and production abilities, and everyone has the right to produce products. In Communism, the wealth, property, and production all belong to the state and are communal property. Communism vacuums up all the land, assigns someone to manage the production, and dictates what will be produced, for example: corn, wheat, or beans. At harvest time, the crops are harvested, processed, and shipped out to the central distribution warehouses to be doled out at the leisure of the