Which theorist made the assertion that capitalism is based on the pursuit of profit and the sanctity of private property and further argued that profit is produced through the exploitation of the working class?
A) Emile Durkheim
B) Georg Simmel
C) Karl Marx
D) Auguste Comte

Question

Quizplus · Accepted Answer

Karl Marx is the theorist who made this assertion. He argued that capitalism is based on the pursuit of profit and the sanctity of private property, and that profit is produced through the exploitation of the working class. This is one of the core ideas in his theory of historical materialism, which posits that social and economic systems are shaped by the material conditions of society, particularly the means of production.

Which Theorist Made the Assertion That Capitalism Is Based on the Pursuit