Marxist political economy

Question 1

Who is Karl Marx

Answer 1

German philosopher that created the idea of Marxist political economy.

Question 2

What is a Marxist political economy

Answer 2

The relationship between people and economics, Marx’s

Question 3

What did Marx’s see between the relationship between capitalism and people

Answer 3

People were being classified according to their labour power, capitalists exploited workers.

Question 4

What did Karl marks believe in work is

Answer 4

He believed work was what makes us human and fulfills our species essence to live, be creative .ect

Question 5

What do capitalist do in terms of employment

Answer 5

Capitalists employ workers to produce new commodities, theses commodities are worth more than the workers wage

Question 6

How can Marx’s ideas occur in todays capitalist and globalised economies

Answer 6

His ideas occur in parallel with the financial crisis and recession. His thoughts also provide answers to systematic problems found in global capitalism.

Question 7

What is labour in relevance to Marxist political economy and capitalism.

Answer 7

Labour is a commodity sold in the marketplace to those with the means of production (capitalists use labour to create commodities)

Question 8

How to capitalists make money through their labour (commodities)

Answer 8

Capitalists use labour to create new commodities that can be sold at a higher price than the original

Question 9

What does Marx’s political economy teach capitalists control

Answer 9

The means of production

Question 10

How does wage labour work

Answer 10

Large part of the mode of production capitalism, made workers work for capitalists while they sold the workers labour to produce a commodity for a higher margin, for profit.

Question 11

How did the industrial revolution change Britain

Answer 11

• Changed landscape, people moved from rural to urban areas.
• changed gender roles, women and children were also expected to work in the factories.
• lead to the creation of towns and cities.

Question 12

How was the industrial revolution fuelled in Britain

Answer 12

By the new establishment created by a new era of bourgeoisie class

Question 13

What did wage workers experience during the industrial revolution and how did it effect them

Answer 13

Exploitation and low wages lead to drop in living conditions and quality of life

Question 14

Why did the nature of capitalism continue to do during the industrial revolution, and what was a good thing it brought?

Answer 14

A ‘downward spiral’ of exploitation towards workers. But it did bring tech advancements

Question 15

What is alienation and why did it occur in Europe in the 1970s

Answer 15

Alienation is being isolated or unconnected. Marx’s felt that humans work should be representative of this, europe , especially in the 70s didn’t reflect this.

Question 16

How did workers feel when alienated and what was the cause of this

Answer 16

Workers felt trapped and alienated, this is because the nature of efficient production lines in factories as well as having little rest time

Question 17

What did Karl Marx famously say about workers

Answer 17

‘Workers of the world, unite for you have nothing to lose but your chains.’

Question 18

What are proletariats

Answer 18

Workers, the lower classed that worked for the capitalists (bourgeoise), have nothing to give in a capitalist mode of production but labour as they own no means of production

Question 19

What is a bourgeoise

Answer 19

The capital class who owns the mean of production, they employ labour, they exploited the proletariats

Question 20

What are the petit bolougenese

Answer 20

There are considered the middle class, they could afford to buy some labour power

Question 21

What did Marx’s believe about the petit bourgeoise

Answer 21

That due to the nature of capitalism they would be faded out and some become bourgeoisie and some become proletariats

Question 22

What are lumpen proletariats

Answer 22

The outcast of society, such as criminals and prostitutes, pushed out of society and Iscolated

Question 23

What are landlords

Answer 23

People that own the lands , tracing back to feudal modes of production make their money from fixed assets.

Question 24

What are peasantry and framers

Answer 24

A scattered social class, that doesn’t affect social class. Most go on to be proletariat or landlords

Question 25

What did Marx’s state about the changes in modes of production through time.

Answer 25

That modes of productions changed in a linear way.

Question 26

How did Marx’s. thinks the linear path of changing modes of production went

Answer 26

Primate communism (hunter gather)
Feudalism - (medieval europe, japan)
Capitalism

Question 27

What did David Harvey say about capitalism

Answer 27

Capitalism will never fail and it would have to be pushed. The capitalist class will never surrender their power.

Question 28

What is commodity fetishism

Answer 28

Consumers being distance from the social and environmental due to the covering by market exchange.

Question 29

What does capitalism encourage in defences to consumer fetishism

Answer 29

Driving commodity fetishising without understand the value. eg: jeans with rips are valued more as they are fashionable than a normal pair ?/?? Idk