Essay Sample on Capitalization of Systems

Introduction

The Marx economic theory was propounded by a philosopher, Karl Marx in a bid to explain the correlative laws of motion in a production and exchange system that is built on the principles of capitalism. Further, Marx went vividly formulated the labor theory of value, which depicts the valuations of commodities and services that are determinable from the cost of necessary labor for its production. Therefore, the entire system is founded on the capitalistic impact activities and related outcomes are optimized for the sake of granting sustainable value. Technically, employers are the principal capitalists whose decisions are driven by profitability and monetary value growth when applied in the economic environment.

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Similarly, the laborers are inclined to value that is equated to how they prolifically contribute to the goal of the organization at large. Competencies and professionalisms in the contemporary capitalized societies can only be determined from the impact the workforce has on the economy of the employer in terms of monetary and quality value (Wittel, 2016). Therefore, one of the character traits of a capitalized society is the correlative influence the people have on the system regarding attainment of the preset goals and objectives (Milios & Dimoulis, 2018). As such, resources are countable as part of losses when the responsible workers get beyond control capacities for the quality of the production that takes place.

In other words, the concept of qualitative measure of productivity within a capitalized system entirely rest on the potentialities of the laborers when it comes to delivering the desired standards of production within stipulated timeframes. Notably, stakeholder value becomes a forefront priority throughout the entire production period whereby essentially critical workers can be deemed eligible to privileges and rights that are directly proportional to their prolific contributions toward the capitalist goals and objectives (Milios & Dimoulis, 2018). Over time, capitalism transforms into the economy to reflect the basic needs of the decision makers within stipulated time bound systems. Other relative practices such as employee motivation, job satisfaction follow suit regarding the essence of employment on the organization as indicated by the direct impact on productivity (Wittel, 2016). For example, employers that grant their workers remarkable and desired remunerations if, and only they profit vastly.

Indubitably, the workers are guaranteed of better payment if they are capable of guaranteeing continuous registration of sterling performances. Production is the start area for entrepreneurial growth and advancement amid the prevalent scenarios that might either favor or limit the workability of the brand. Therefore, capitalized systems guarantee the workers professional rewards if they are capable of offering discrete dedication to ensure absolute attainment of the production goals and objectives. The emergent notion portrays an alignment of better productivity to rewards. According to Harvey (2017), this notion is built on the premise that high quality in production reflects the growth of econometric metrics of operations such as profit margins, volumes of sales, rates of sales, return on investments (ROI), and overall pricing and selling.

As a result, capitalization of systems guarantees employers better chances while dealing with issues such as competitive advantage and innovative growth toward the proclaimed wars and fights against market rivals. Capitalized economies are ddeterminabvle4 from the value of money and other forms of capital such as labor to directly or indirectly execute operational directives that are designed to ensure 100% goal attainment and stakeholder satisfaction (Harvey, 2017). For example, businesses are capable of registering discernible milestones owing to the inspiration to achieve the set goals to lure favors and promotions from the capitalist employees. As compared to the traditional social economies, capitalism leads to a call for discrete strategizing and operational management to take advantage of the potentially accessible opportunities. On the contrary, communal societies are founded on the premise o0f fair of fair distribution of resources and access to economic privileges among the eligible true society members.

Key to mention, the introduction of capitalism paved the way for differentiated strategizing to optimally utilize the available opportunities that could grant the capitalist better functional opportunities and chances while on the verge of relevant and effective production. This explains the increment of the efforts and influences that are directed toward the optimization of economic opportunities through quality production. Competitiveness paves the way for increased rivalry toward the betterment of living standards as the main objective of the professional performances that reveal the benchmarked standards that ought to check nonperformers from accumulating more resources and returns.

In a broader perspective, capitalism gave rise to the economic growth, which transcends into the evolution of various economic levels that are determinable from the overall gross gains and privileges. For instance, different societies are capable of developing toward economic liberation based on the quality of the production programs that are aligned to the essentialities of the key social, cultural, political, and economic models and goals that reflect the living standard within the environment (Harvey, 2017). Developed societies are currently characterized by the effective adoption of technology and use of some of its aspects in production such as automation, virtual reality and augmented reality in marketing and sales reach out (Harvey, 2017).

In the same way, the sustainable adoption of these transformational techniques are indicative of the potentialities of the economy's products on value when traded and exchanged with other regions' deliverables. In conclusion, capitalism is one of the extensive growth and dynamic areas of adoption for the sake of economic redefinition and boost. It calls for sufficient research to inform the feasibility of the preferred operational models to retain a high-grade value when compared with other factors of production.

References

Harvey, D. (2017). Revolutionary and counter-revolutionary theory in geography and the problem of ghetto formation. In Theory and Methods (pp. 75-88). Routledge. Retrieved from: https://atrium.lib.uoguelph.ca/xmlui/bitstream/handle/10214/1818/11-Harvey.pdf?sequence=1&isAllowed=y

Ince, O. U. (2016). Bringing the economy back in: Hannah Arendt, Karl Marx, and the politics of capitalism. The Journal of Politics, 78(2), 411-426. Retrieved from: https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=3243&context=soss_research

Milios, J., & Dimoulis, D. (2018). Karl Marx and the classics: An essay on value, crises and the capitalist mode of production. Abingdon-On-Thames: Routledge. Retrieved from: http://www.academia.edu/download/37346056/_John_Milios__Dimitri_Dimoulis__George_Economakis_Bookos-1.org.pdf

Wittel, A. (2016). Digital Marx: Toward a political economy of distributed media. Boston: Brill. Retrieved from: https://triple-c.at/index.php/tripleC/article/download/379/365