Another fundamental element of liberal theory and ideology is the right for each individual to pursue and hold private property. According to Locke, each individual has the opportunity and the right to work to better oneself through the accumulation and improvement of their own private property, "it is allowed to be his goods who hath bestowed his labor upon it," (Locke, 21).
This is also a crucial feature in the foundations of capitalism as well. It ensures that as long as one works and labors hard enough, he or she will be entitled to a certain amount of private property to compensate for that labor, "As much land as a man tills, plants, improves, cultivates, and can use the product of, so much is his property," (Locke, 22). It is with this idea that many societies have promised their underprivileged or poor the chance to rise above their inherited ranks and reach the American dream of turning rags to riches.
To a Marxist, this is close to blasphemy. They view the drive for private property as being the source of the perils seen in the capitalist structure. It provides the environment in which labor is divided as to attain more property, and therefore makes wage slaves out of laborers, "the division of labor and private property are, moreover, identical expressions," (Marx, 53). As the desire for private property grows, the bourgeois was formulated as the exploited those of the lower class to sustain and immense their wealth....
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