History Essay Example | Topics and Well Written Essays - 500 words - 45

History - Essay Example Karl Marx and Friedrich Engels produced the Manifesto to announce their policy document; â€Å"society as a whole is more and more splitting up into two great hostile camps . . .† and committed to the aim of â€Å"the overthrow of the bourgeoisie, the rule of the proletariat, the ending of the old society . . .† (Marx and Engels 34). The concepts of capital, labor and excess profits were all remarkably new at that time and Marx thought the modern bourgeoisie had established new conditions of oppression. His theory therefore advocated for the workers to own the means of production so that they will reap and benefit from the profits it produced. It is not very surprising that he had anticipated a future that is post-capitalist in which the workers live in Utopian society; where everybody is equal without artificial divisions in the way rich and poor people lead their lives. â€Å"The feudal relations of property . . . had been replaced by free competition† of the industrial society such that there is an absurdity – an epidemic of over-production.† He further stated all history is the history of class struggles (between the Bourgeoisie and the Proletariat) but he predicted that in the end, the proletarians (modern working class) will win, it is â€Å"as equally inevitable.† (ibid.). The Eisenhower administration covered two presidential terms (1953-1961) and was a period marked by relative global peace (except the Korean War) and also by a continuous expansion of the United States economy. In other words, it was a period of prosperity in that most Americans had secure high-paying jobs and were able to attain the â€Å"American Dream† of reaching the middle class in terms of owning their homes and having cars in the garages. This period has also seen the rise of the so-called military-industrial complex in which Big Business and the military establishment had joined forces to ask for big-budget ticket items in arsenals. President Eisenhower