Strobel and Peterson show that Marx's major failures was not realizing what an effect democracy would have on his model. Democracy weakens the worst effects of capitalism by protecting and giving the workers more rights. Laws such as child labor, working hours, conditions of work for women, and even minimum wages were passed in America and most western nations. The United States also stimulated Trade Unions whose main objective is to protect workers and to better their wages. Finally, western democratic governments, have made an obligation to protect its citizens from financial trouble.

In the late nineteenth century, industrialization came about along with many peaks and drops. Eventually, workers wanted to develop unions but higher corporate and business owners did not app

rove of it. In 1935, the Wagner Act was passed which allowed the working class more security and voice at their jobs. After World War II, the defense spending produced more labor jobs. This increase in wages moved the blue-collar workers up to the middle class along side the white-collar employees.

Within the working class, there are two different kinds of labor force. The first labor force is well paid, contains benefits, and is considered stable work. This applies to both the white-collar and blue-collar workforce. The second labor force is low paid, casual, unstable, with no health insurance, retirement, or other benefits and little chance for advancement.

The wealth of the United States is divided among the different classes. The super class which make up the top 1 percent own 37 percent of the net wealth. The moderately wealthy make up the next 9 percent and have 31 percent of the net wealth while the rest which make up 90 percent, own 32 percent of the wealth. The top ten percent are the business owners and investors while 80 percent are the workforce and middle class composed of blue collar and white collar workers. The last ten percent being the professions and consultants. This means that the top 10 percent own 68 percent of the wealth and the rest is divided a

Some topics in this essay:
War II, Karl Marx, Trade Unions, Peterson Marx's, Wagner Act, middle class, labor force, Strobel Peterson, upper class, percent own, percent net wealth, percent wealth, net wealth, 10 percent, business owners, karl marx, 90 percent,