Annotated Bibliography on Karl Marxs Theories

Karl Marks explored the relationship that existed between the economy and the society. His theory was based on the concept that the economy determined the social structure. According to him, the economy determined all the other social constructs inclusive of politics, religion and ideology. Marx believed that the economy forged from production led to the acquisition of property and division of labor. In this setting, the private ownership and division of labor lead to conflict between the common interests of the community and that of the individuals. This eventually leads to an opposition of the individual interest and an advocating of the common interests. The private ownership of assets and property constructs power, whereas the collective ownership reinstates the efficiency of allocation. Collective ownership however also hinders the motivation behind the monetary value that is common to the owners of assets.

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An annotated Bibliography

Adams, Bert N. and R. A. Sydie, Sociological Theory, Thousand Oaks, Pine Forge, 2001

This book is very concise in its coverage. It employs a contemporary and classical view of society. It outlines the major theories in sociology and touches on all the main theorists that were involved in the sociological research in the last 150 years. The book also balances the important views expressed by the major theorists on the topic of social life and those of the upcoming theorists. The book really grows and expounds on the different themes brought out in social life. The book greatly expounds on the theory of production power and expounds on Marx theory that the societal structure was based on the economy. It clearly outlines Marxs thought process as he discovers and predicts the rise of communism to eradicate the oppressive capitalist rulers. It contrasts the differences that exist between the theories from the different theorists.

Multiple sources of power- Class, Status and Party February 2003, Retrieved from http://uregina.ca/~gingrich/250f2803.htm

The article from the internet focuses on the sources of power and it tackles this issue on the basis of theories posed by Marx and Weber. It outlines the relevance of those theories with regard to the sources of power and how each of the socialists understood the issue of power from their different points of view. The article clearly outlines the position of Marx whom I have chosen as my point of focus as I expound on the issue of power being in production. The article is dated more than ten years ago and it give the reader a feel of what the economy was like in that time. It helps the reader create a good comparison between the two times. It aids in figuring out the changes that have occurred at the time and how they have been influenced by Marx theories. The article, therefore, is a good reference to assist in answering the question of power in production.

Sabine Nuss Power and Ownership: The disposal of means of production April 2002.

This paper is a comment on the idea of the disposal of means of production. It emphasizes the theories that encapsulate the topic of property. It gives a clear outline of the importance and perception of property in the past. The writer, Nuss goes on to expound on the theoretical approaches by John Locke and Karl Marx. In my essay, I focus on Marx and how his theory of property ownership, the economy, division of labour and the societal structure was influenced by the production process. This paper is relevant in that it offers great insight on the theorist that I chose and offers a comparison between his theory and that of others. It goes on to be written in the near past, 2012, to be exact and, therefore, comes from a point of view of an individual who is experiencing a similar economic and societal environment.

References

Adams, Bert N. and R. A. Sydie, Sociological Theory, Thousand Oaks, Pine Forge, 2001

Multiple sources of power- Class, Status and Party February 2003, Retrieved from

http://uregina.ca/~gingrich/250f2803.htm

Sabine Nuss Power and Ownership: The disposal of means of production April 2002.