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Sociology  /  Soc 1542  ·  Atom · ~20 seconds

Conflict Theory on the Economy

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Conflict theorists hold that a capitalist economy reflects and reproduces inequality, with wealth concentrating among owners at the expense of workers.

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A firm's profits rise as its wage bill stays flat, a pattern conflict theorists read as owners capturing gains workers helped produce.

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The claim concerns a structural tendency under capitalism, not an accusation that every individual owner intends to exploit employees.