M2: Marx Flashcards
What was Marx’s overall goal with his sociology of capitalism?
-to critique capitalism
What did Marx describe capitalism as?
-form of economic enterprise and a type of society
What were the two essential elements of economic enterprise?
- capital
- wage labor
What did Marx describe capital as?
-any asset that can be used to secure further assets
What did Marx mean by a ‘type of society’ in his definition of capitalism?
-capitalism is defined by a class society based on the relationship between capital and wage labor
What are class relations?
- relations of conflict or struggle
- they link economic relations to other institutions
What did Marx equate a sociology of capitalism to?
-analysis of class structure
What were the core ideas (6) of Marx’s analysis of class structure?
- relations of production
- concept of class
- polarization thesis
- social superstructure
- theory of surplus value
- pauperization thesis
What are the characteristics of Marx’s relations of production?
- people must produce in order to develop capabilities and power as well as survive
- people always produce as members of a specific type of society (not as individuals)
Under the relations of production definition what is every society founded on?
Definite set of relations of production;
- in order to produce people must enter into social relations
- these social relations are related to class
no
no
How does Marx define classes?
- defined by relationship to the means (forces) of production
- social classes are economic and founded on a material basis
- BUT classes are also defined by a social relationship
What are the means of production under Marx’s definition of classes?
-Things you use in order to produce, raw materials etc.
What is this ‘social relationship’ under Marx’s definition of classes?
-property (legal right over material object enforced by state)
What, under Marx’s concepts of classes, does every society have?
A distinct form/system of;
- economic production and property
- classes
What was the main form of property in capitalist societies?
-capital
How are capitalist classes defined?
- groups of individuals defined by their relationship to ownership of private property in the means of production
- dichotomous in principle
Why are classes dichotomous in principle?
-because 3 classes didn’t fit into either capitalist or workers, they were transitioning to them
What were the 3 exceptions to the dichotomous principle?
- groups who played a major role in political and economic institutions but are marginal (peasants that own their own land)
- groups who are dependent on and identify politically with one of the 2 classes (high managerial worker)
- lumpen proletariat who are not fully integrated into one class (thieves, homeless people)
How does Marx answer to the ‘in theory’ dichotomous class problem?
- with his notion of polarization
- as capitalism develops this will simplify
How does Marx characterize capitalist society?
- analyzing its class relations
- locating its institutions in either the base or superstructure and specifying the relationship between the two
What are the institutions in the base?
-economic institutions
What are institutions in the superstructure?
-political, legal, educational etc.
What does Marx define as the base?
-forces (means) of production and relations of production
What does Marx define as the superstructure?
-rest of social institutions in a society
What is the primary link between the base and the superstructure according to Marx?
-role of classes
What does Marx mean in his quote, “The ruling ideals are the ideals of the ruling class?”
- the base exists to legitimize interests of ruling class
- everyone in a capitalist society believes this is the way things should be
- capitalists don’t have to use force
What inspired Marx to come up with his Surplus value theory?
-to show how the exploitation of workers occurred
What question does Marx’s theory of Surplus value answer?
-where do profits come from?