Quiz 2 - Marx Flashcards
Ways humans systematically/collectively produce material things needed for subsistence
Mode of Production
3 Parts of the Mode of Production
- Means of Production
- Social Relationships of Production.
- The Superstructure.
the “things” harnessed in order to have production.
Means of Production
Examples of the Means of Production
Tools, techniques, raw materials, machinery, facilities, etc.
What is the primary Means of Production under Capitalism?
Labour
The relations between people while obtaining the Means of Production.
Social Relationships of Production.
What determines Social Class?
Your relationship to the Means of Production (whether or not you own/have access)
Unfettered access to the means of production.
Owner
Fettered access to Means of Production, need to sell labour for wage.
Non-Owner
Fettered access to Means of Production, need to sell labour for wage.
Non-Owner
Which percentage is smaller, owners or non-owners?
Owners
What is the “Base” of the Economy?
The Means of Production + the Social Relationships of Production
All institutions (outside the economy) in the realm of production.
the Superstructure.
Examples of the Superstructure
-Religion
-Family
-Politics
-Laws
etc.
3 reasons why Marx calls Religion: “the Opioid of the Oppressed.”
- Work hard in life, to be motivated (maybe) in death.
- Creates a passive/willing working class.
- Promotes illusion of meritocracy.
How does Marx characterize history?
According to Conflict Theory (inequality) of those who do and don’t own the Means of Production.
Object outside of us which, by its properties, satisfies a human want.
Commodity
Example of a commodity
Ripe banana, satisfies hunger.
Capacity of a good to satisfy a human need.
Use value.
How does use value come into play, with commodities?
Different people have different uses/lack uses for things (ex. a ripe banana has no use value if you don’t like bananas)
Properties of Use Value
Material qualities
Material quantities
Interdependent system of commodity production for the purpose of exchange through the market.
Commodification
Proportion at which a commodity can be exchanged for another commodity.
Exchange value
Commodity necessitates two values”
Use Value + Exchange Value
Formula for Exchange Value of Commodities
C - M - C
What are the two properties of Exchange Value?
- Quantitative
2. Homogeneous
How do commodities become capital?
By attaching labour to them.
Example of Commodity becoming Capital.
A spinning ginning (a commodity) + a worker (labour) = cloth to sell (capital)
What are the two properties of Value.
- Immaterial.
2. Irrational.
Why is Value immaterial?
Something only has value if someone is willing to exchange a commodity for it (value is not inherent)
Why is Value irrational?
Different people assign value/lack of value to diff things. Not a universal logic.
How much labour is required to produce a commodity
Socially Necessay Labour Time
labour performed in excess of the labour necessary to produce the means of livelihood of the worker
Surplus Labour
Formula for commodification for the Capitalist
M - C - M’
How do capitalists motivate workers to work?
Only compensate them enough to subsist them long enough to produce next day of labour.
How is Labour exploitative
Worker’s labour is the only reason the commodity is turned into capital, however the worker does not benefit from this extra capital his product earns.
How would Marx argue that the Middle Class (Modern Day) are still exploited? (3 ways)
- Only rewarded financially enough to encourage them to continue to facilitate capitalism.
- Tricked into thinking they are not exploited (still not part of Ruling Class).
- Creates motivation among workers to achieve more (American Dream).
Order of Theorists: Hegel, Kant, Marx.
Kant > Hegel > Marx
What is a Hegelian Dialectic?
Theory of Change: Thesis + Antithesis = Synthesis
What type of theorist is Marx?
Materialist
What type of Theorist is Hegel?
Idealist
What type of Theorist is Kant?
Idealist.
Marx’s Hegelian Dialect of the Master-Slave Relationship
Master + Slave = Being
How is the Slave dependent on the Master? (Marx)
Relies on Master for subsistence/wages/to create slave identity.
How is the Master dependent on the Slave?
Relies on slave for daily labour + to create his identity as a master.