Summary:
Explains how reform legislation, Utopian socialism, and Marxism were an inevitable reaction to the abuses of laisse-faire capitalism during the industrial revolution.
The abuses of laisse-faire capitalism during the industrial revolution led to reform legislation, utopian socialism, and marxism. Laisse-faire capitalism meant, "let do," which means that there is a separation between industry and government. When laisse-faire capitalism is used for self-advancement, it causes problems. These problems cause inevitable reactions such as Marxism and utopian socialism. These reactions where undeniable because workers were pressured into working long hours and hard shifts, wages were low, and children were exploited.
Karl Marx, the founder of Marxism, stated that increasing industrialization leads to jobs that become boring for the worker. These boring jobs lead to wages lowering. (Doc F) As we can see, from 1750 to 1913, per capita levels of industrialization have increased in Great Britain, Belgium, and the United States. (Doc A) This increase in industrialization leads to lower.....
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