Lesson 2: Marxism Flashcards
a sociological, Political and economic philosophy that is based on the ideas and theories of Karl Marx.
Marxism
a social, Political and economic ideology wherein society is seen to be shaped by capitalism
Marxism
- Primary source of livelihood farming
- Rise of factories as farmers abandon fields to become factory workers
Before Industrial Revolution / Pre-industrial Revolution
This type of Marxism involves theories such as: Theory of Alienation and Labor Theory of Value
Classical Marxism
Experience of isolation and misery resulting from powerlessness
Theory of Alienation
4 ways of Alienation of Capitalist on workers
- Alienation from the act of working – stops you from expression (no life outside work???)
- Products of work “neona made a book pero sakin lahat ng pera”
- Other Workers “Hindi ko kayo bibigyan ng reviewer kasi gusto ko ako pinakamataas”
- Human Potential (creativity) – “ di ka nagiging creative or nakakagawa ng sayo in your job” sunod-sunuran.
This is where your job controls you and stops you from experiencing the reality of life <?>
Alienation from the act of working
neona made a book pero sakin lahat ng pera
Alienation from the products of work
“Hindi ko kayo bibigyan ng reviewer kasi gusto ko ako pinakamataas”
Alienation from other workers
Just do this as said in your job description
Alienation from Human Potential
They used the labor theory of value to explain the cost of commodities
Smith and Ricardo
- Primarily concerned with the more basic problem of why goods have prices of any kind.
Labor Theory of Value
the most general effect of the worker’s alienated labor on all its products.
Value
- Reflects a situation where the distinct human quality and variety of work has ceased to count.
Exchange Value
- Is the difference between the amount of exchange and use of value created by workers and the amount returned to them as wages.
Surplus Value
- The struggle between segments of society over valued resources.
Social Conflict