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Human nature (Marx)
Humans are creative and social beings who consciously produce and shape the world through labor.
Humans vs animals (Marx)
Humans plan and create through conscious labor while animals act instinctively to meet immediate needs.
Labour (Marx)
Works with material aspects of nature to satisfy needs
transforms us and world around us
Animals and labour
Not capable of true labor
Stuff they do to satisfy needs is “immediate”
Alienation
condition under capitalism
workers become separated from their work and human potential
Alienation from product
Workers do not own/control what they produce.
Alienation from process
Workers have no control over how their work is done.
Alienation from others
Competition replaces cooperation between workers.
Alienation from self
Workers lose connection to their creativity and human nature.
Means of production
Tools factories land and technology used to produce goods.
Mode of production
(The way or the system)
The ORGANIZATION of production including ownership and labor relationships.
Value (Marx)
The amount of socially necessary labor time required to produce a commodity.
Use value
The usefulness of a commodity.
Exchange value
The market value of a commodity in trade.
Surplus value
The value workers produce beyond what they are paid.
Source of surplus value
Unpaid labor performed by workers.
Profit
Money gained by capitalists through surplus value.
Exploitation
When workers are paid less than the value they produce.
Class
A group defined by its relationship to the means of production.
Proletariat
The working class who sell their labor for wages.
Bourgeoisie
The capitalist class who own the means of production.
Class struggle
Ongoing conflict between classes with opposing economic interests.
Primitive accumulation
the historical process of divorcing the producer from the means of production.
Ideology
Beliefs that justify and maintain inequality under capitalism.
Dialectic
reconciling seemingly contradictory truths. (thesis —> antithesis —> synthesis)
Dialectic example
Conflict between workers and capitalists leads to social change.
Marx view of history
History is driven by material conditions and class struggle.
Historical change (Marx)
Change occurs when contradictions within systems lead to conflict.
Tribal or primitive communism
Early societies with shared resources and no class divisions.
Feudalism
A system based on land ownership and peasant labor.
Industrial capitalism
A system based on factories wage labor and private ownership.
Post-industrialism
An economy focused on services information and technology.
Marx relevance today
Marx helps explain inequality alienation and modern labor systems.
People See Fast Cars Speeding acronym? (PSFCS)
Primitive
Slavery
Feudalism
Capitalism
Socialism
(and eventually communism)