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So far, the most persuasive notion of exploitation ever set forth is that of Karl Marx. He thought that employees in an industrialist society are exploited insofar as they are forced to trade their toil power to entrepreneurs for fewer than the full worth of the merchandise they produce with their effort. From Marxist viewpoint, the bourgeoisie is the social class that happens to possess the ways of production during contemporary industrialization and whose social issues are the preservation of capital and the value of property to make sure the continuation of their monetary supremacy in society. Marx believed that no economic class—landowners, wage workers, etc. should have authority and control over another (Lapavitsas, 2017). He supposed that each person has a responsibility to offer what they can, and every individual should obtain what they require.

Exploitation can lead to self-destruction when an individual is degraded. They are found in a path of damaging and unsustainable growth. They include dislocation from automation, extreme wealth and social inequality, losing of job, and the existential danger posed by the environmental calamity. I agree with Marx’s arguments since exploitation is not good in a way that it can cause short-termism, inequality, excess materialism, market failure, and bust economic cycles.

Mary Wollstonecraft is one of the outspoken female philosophers who consider that both women and men were made equal; hence they have to be given the opportunity to have the same rights. Her main objective was to see women get access to parts of society mostly forbidden to them in the 18th century. If she was but, in the position, to remark about “only menfolk having to register for certain services,” I think she would be tough and furious. Her work was mainly concerned about woman’s rights. She urged majorly for the rights and privileges of women to be educated. Mary Wollstonecraft believed that emancipation would come through learning. I think that she would say that the notion of just menfolk being permitted to register for the selective provision was completely absurd. She is actually certain that if women were taught in all the sectors that men are taught, then they won’t have any more desire towards the equivalent kinds of stuff that men have a desire towards. Mary Wollstonecraft deliberates that since women are not as well-versed about the information that men are well-versed about, it makes an obstacle between women and men. On the other hand, she also reasons that if the females were more erudite in the equivalent areas that men were, then men and women would have good and improved sex lives.

Reference

Botting, E. H., & Zlioba, A. (2018). Religion and women’s rights: Susan Moller Okin, Mary Wollstonecraft, and the multiple feminist liberal traditions. History of European Ideas, 44(8), 1169-1188.

https://doi.org/10.1080/01916599.2018.1509227Lapavitsas, C. (2017). The banking school and the monetary thought of Karl Marx (pp. 51-72). Brill.https://doi.org/10.1163/9789004272712_004

Parnell, C. (2019). The relevance of Karl Marx.http://hdl.handle.net/10344/8334

Discussion

DISCUSSION QUESTION

Throughout the  New Shoes Simulation you will have to evaluate your previous decisions as well as other Market data and information in order to make an informed decision for the current period. The break even analysis is a tool that can assist in setting the price for your athletic shoe during the various decision periods. Based on the market data and information presented in the simulation determine the break even analysis for your New Shoes company  and the correlation to your shoe pricing strategy.  Keep in mind that to calculate the break even analysis you can use the following formula:

Break Even Price=variable cost (the unit cost of the product) + fixed expenses (marketing expenses and allocated product development expenses) /projected units.

Having calculated the Break Even Analysis what will you have to price your shoes in order to reach your target run? In addition, provide  an assessment of other elements that should be considered in addition to the break even analysis to the determine the price of your shoes.  Research and find an organization that has been challenged with setting prices for their products or services and share how they addressed the issues.

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