Class Flashcards

1
Q

What is class

A

Class refers to a group of persons sharing a common social and or/ economic status

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2
Q

Pre-Capitalist Society

A

Status is determined by birth
Lords owned a large area of land in exchange for labour

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3
Q

Primitive Accumulation

A

Using land and people to accumulate capital through colonisation and exportation

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4
Q

Industrial Revolution

A

Started mid 18th century
Technological revolution of production
Development of factory systems

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5
Q

Bourgeois Capitalist Class

A

Owner of means of production
Employer
Makes profits from production process

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6
Q

Proletariat (Working Class)

A

Sells labour power in return for a wage
Poor living and working conditions
Produces for the capitalist class

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7
Q

20th Century

A

Middle class
Introduction of welfare states
Education and skilled professions
Expansion of finance through credit and finance

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8
Q

Marx - Middle Man

A

Class struggle
Class consciousness
Surplus Value

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9
Q

Webber - Winner

A

Class, status , party
Consumption
Social status
Market position
Higher Life chances

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10
Q

Systematic Colonisation

A

Treaty of Waitangi
Introduction of an English class system

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11
Q

Early 19th Century (NZ)

A

Growth of workers (class consciousness)
Increase of unions for better employment opportunities

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12
Q

Great Depression

A

Free social institutions including healthcare, education and housing
Rising unemployment

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13
Q

1980s

A

Rogernomics
Neoliberal transformation from a state-regulated economy to a free-market economy

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14
Q

1991

A

Mother of all budgets
Olibterating the welfare state in New Zealand, cutting down benefits for healthcare and family needs, making people pay

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15
Q

1980-2000

A

Large growths of inequality
Lots of unemployment
Maori and Pasifkia overrepresented
Mass numbers of poverty

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16
Q

Rentier Capitalism

A

An economic system in which small groups of wealth people (rentiers) derive their income from owning scarce asset

17
Q

“The Asset Economy”

A

Inequality today is driven by the ability to buy and own assets that appreciate in value at a faster rate than inflation of wages

18
Q

Rise of a “global working class”

A

Manufacturing has increasily been outsourced from Global North to Global South

19
Q

Neoliberalism

A

The promotion of a free market economy, in which the government does not intervene in economic relations