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social theory (Marx's idea on capital)

social theory (Marx’s idea on capital)

Using the social theory (Marx’s idea on capital) illustrate how this theory/concepts can be used to enhance or critique our understanding of one contemporary Australian policy (Please look for one relevant contemporary Australian policy).

Analysis: (Using theory to examine policy)
How does theory/concept (Marx) enhance your understanding of the policy? or how can the theory/concept be used to critique the policy?

What insights or criticisms emerge when you examine the policy from the perspective of this theory/concept?

Thesis statement:
Based on your discussion of this theory/concept, what is your overall position on, or argument about, the policy?

How is your understanding of the policy enhanced? or what critique of the policy does your analysis offer?

Please look up Marx, K ([1891] 1972) extract from ‘wage labour and capital’, in Tucker, R.C. (ed.) The Marx-Engels Reader, W.W. Norton and Company, Inc.: New York, pp. 167-172. and use it as a reference in text.

Please also include an additional 4 relevant academic references in the paper to support arguments.
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