The word
political economy, is the study of how individuals relates to the state, and in
turn how the states in the word relate to each other. Term Bourgeois is the adjective,
by their township of capital and their related culture. The bourgeois are then
the people who believe in acquisition of material things for example,
acquisition of lands, buildings etc. during their time, there is the existence of
full capitalism, that is where all the means of production, distribution and
exchange is been of production, distribution and exchange is been controlled by
the capitalist (Bourgoes).
They
are responsible for the buying of labour which in turn receives wages (Labour).
The Bourgeois believe in using money (that is profit made from the investment)
to create more profit that is, they believe in using the profit to active more
profit thereby having enough money to buy more labour, more capital for themselves.
The Labourers in turn receive substantial amount of money, which will not even
be enough to make savings. Then the Labourers are prone to what I call hand to
mouth condition. The wage they receive from their employee (Bourgeoisie) is
never enough or is in no way good to equate to the Labour to the Bourgeois. The
Bourgeois are interested in capital accumulation, buying of more and more
material things for themselves without minding the welfare of their workers.
During their time (the Bourgeois then is what we called salary slavery. It is
very common then because the workers do not earn what they are suppose to earn
as a result of the selling of their Labour.
The Bourgeois” capacity to
oppress and depress the exploited working class is a function of his stronghold
on the capitalist state as an instrument of protection and for private capital
accumulation.
Nowadays, the political economy
of materialism of the Bourgeois is still affecting the world of today because
quest to acquire material things. Nobody wants to be over taken, if any body
finds his or her way to the top, he or she will like to surprises others.
Thought capitalism, is not in full practice in the economies of today (as been
practices in the 19005 there is also what I call particle capitalism. Also
Nowadays, the are two main forms of Bourgeois namely:
a.
Bourgeois by privilege: These set of Bourgeois
are made up of capitalist whose source of wealth depend on evidence. Let come
down home, in our clean country Nigeria, people, like Dangote is a typical
example of bourgeois by privilege. Its far as Dangote is concerned, he wouldn’t
want any other person to surprises him, and he will go any extent in order make
sure he achieve his aim. In terms of acquisition of material things he is
there, Decision making in the state, he is there, Buying of Labour, he is there
(though the wages the workers receives is far more better than the workers of
19005). Dangote acquires material things and also like to surprises other small
rising companies of Ibeto group of companies. Dangote death which Ibeto to
extent the partially stop the production of Ibeto cement, Ibeto spaghetti just
to draw the market to himself.
b.
Bourgeois by position: They are people in a
sensitive and vital positions who will also use their position to surprise
others to their own advantage. They are made up of people in the political
offices, military positions contractors, even some people in the admission
offices of son university who will collect money from unqualified students and
give them admission and living the quality ones unadmissioned. The reason why
exploitation keeps on increasing. Anybody who finds his way will do so either
in a mild or hash way.
Colitical
economy of materialism of the
bourgeoisie is still affecting
the world of today and will also keep on
affecting the world, because exploitation is inborn in us even in our unborn children. No body
will like to be a slave, everybody wants to be on top and any body who finds in
way to the top will continue to surprise and exploit his subjects.