Marx

Question 1

What does Marx take from Hegel?

Answer 1

He takes the dialectical aspect of Hegel that history is driven by contradiction

Question 2

What type of dialect does he use?

Answer 2

He is materialistic –> he uses a material dialect

Question 3

What is his dialectic of history?

(4pts)

Answer 3

-Class struggle that has defined history up to now

-Classes for Marx are economic classes

-He says that the fundamental division of class is between those who produce and those who exchange

-Conflict between these two classes/forms of production

Question 4

Those who are the producers become….

Those who are the exchangers become…

Answer 4

-Proletariat
-Bourgeoisie

Question 5

What is surplus value?

(5pts)

Answer 5

-Key concept to understanding capitalism

-It is the difference between the value of the product produced by labor and the actual price of the labor paid out in wages

-There is no recognition of the work the worker produces, only valued for the profit they are generating, not the actual work itself

-They are only paid enough to live off of, not to make any actual profit

-Production–> commodity (purchase, consumption) –> surplus value realized (profit)—> Surplus value reinvested