Do you know how conduit capitalism funnels money to the rich?

Question

http://www.lcsc.edu/hbwalters/Conflict%20Theory.ppt#268,13,Conflict Theory (pg 73)

I was surprised to find this diagram on the net. But I did. So I am sharing it. for those who have powerpoint.

Do you see how all the arrows lead to the upper class?

marakey, I completely agree. It is oversimplified And yes this is totally marxist.

please answer my next question.

Answer 1

I really must comment on one of the answers above-

Capitalism and Democracy are not synonomous. Democracy can thrive without capitalism. Capitalism gives corporations more power than the people. This is definitely NOT democracy. It can't provide equal opportunity-- The impoverished will never have the same chances as the rich to acquire wealth. Capitalism perpetuates greed. It's the reason why there are children in third world countries working in sweatshops for .20 cents.

Why is there a middle class? It's just there to constantly ensure that the poor remain exactly where they are- POOR. But, eventually, capitalism eliminates the middle class. It (the middle class) can't last since it's function is to maintain the wealthy. I'll illustrate-- To produce and deliver a finished product, several costs are involved: production, labor, maintenance, transportation, packaging, advertising, and so on... In a capitalist economy, all of these costs are increased due to profit motive. But consumers are the only people who actually pay these costs. For example-- If, to make a profit, a transportation company charges a manufacturer extra money then the manufacturer simply charges the packaging company more money to cover costs (and then adds even more money for a profit). This continues until the retailer raises it's prices to cover costs (which are actually the cumulative costs of the profits of all the other companies) and then adds it's own profit. This price is paid by the consumer who has no one to charge to cover his/her costs. So this is what's happening-- The poor cannot afford to ''donate'' their money. (Some do it regardless. But, since they're so limited, it's certainly no where remotely close to being on a grand scale.).... The rich are definitely able- and they do so regularly- which is simply a matter of rich people passing their money around to each other. But the middle class is a different story. The middle class is ''funneling'' their money in two directions- one being to programs such as welfare, for the sake of maintaining poverty, and the other to the rich by embracing consumerism. With their money endlessly going in two different directions, the middle class can't last, which is precisely why the middle class is shrinking in this country.

Answer 2

I am not sure how the 'working class' is different from the 'lower class'.

There seems to be some arrows missing. Corporate subsidies benefit the middle class as well as the upper class. The middle class (not just the working class) consumes goods and services, which generates profits that go to both the upper and the middle classes ( because the middle classes own shares in business enterprises and are employees).

If capitalism continually funnelled money to the rich as the diagram suggests, the the middle class would shrink to nothing. In most western countries, the middle class has grown to become the majority - and that is what is needed to have a stable democracy.

In summary, the diagram presents an over-simplified Marxist view of economic relations.

Answer 3

Funny. I saw no arrows going from the upper class back to the gov't, working class or lower class.

According to this chart, I guess the rich don't pay taxes, buy goods and services, nor give to charities.

Answer 4

You know some dumb *** is going to say that's all just liberal propaganda. LMAO, good job.