Categories
2012 Abstracts Stage 3

Capitalism in Modern Britain: a Corrupt System that Needs Improvement?

An investigation into the workings of the economic system of capitalism in modern Britain. Is there an alternative to the system which is causing the economic crisis?

In this project I will be exploring the idea of the effect of the capitalist economy on the workplace of modern Britain. Is it a corrupt system? What are the alternatives?

I will examine the recent unpopularity capitalism is receiving (anti-capitalist movements in the press etc.) and look at the reasons why.

I have chosen to look specifically at the work of Karl Marx and his critique of capitalism. I will address the way in which capitalism has created a divide and imbalance within the workplace and look at how Marx explicates these using key themes.

I have chosen to examine the business structure of the John Lewis Partnership as an alternative to conventional models. In doing so, I will demonstrate how analysing the key points of Marx’s critique can also highlight the way in which a successful alternative can develop. I will conclude by answering the question posed: Is capitalism a corrupt system that needs improvement?