Marx Flashcards
1
Q
Theory of history
A
Dynamic production forces will get in conflict with static relations of production, which
will get us to the Revolution. As a result, new relations of production and
superstructure will be formed.
2
Q
Law of motion of capitalist society
A
- Labor theory of value
- Exploitation
- Falling rate of profit & business crises > centralization of wealth and capital > class conflict , technological unemployment & crises > reserve army of unemployed > class conflict
3
Q
Main beliefs
A
- Repudiate classicist notion of harmony of interests
- Oppose to concept of laissez-faire
- Reject Say’s law of markets
- Advocate collective action and public of enterprise ownership