Test #2: 8 Flashcards
What was Karl Marx’s guiding question?
- How do people produce their means of sustenance?
- he believed to understand humans, we must understand how they live
How did Marx say we produced our sustenance?
Always social so he deemed them:
-relations of production
What comes with relations of production?
-a ruling class whose position gives them control over others
What is the mode of production?
- relations and forces of production (capitalism, feudalism)
- forces of production are how someone produces like hunter-gatherer, agricultural etc.
How did Marx say history unfolded or progressed?
- existing modes of production are replaced by new modes of production
- through revolutionary changes
How did Marx see modes of production?
- unstable, contradictory even
- they easily break down and evolve
What acts like an economic base?
- modes of production
- superstructure spreads ideology
What type of split did Marx see early on?
-those who value material production and this who value mental production
What was the capitalist mode of production characterized by?
- class divisions between the bourgeoisie and proletariat
- they own capital
- sell their labour
- the accumulation of surplus value
What two forms of exchange make up surplus value?
- commodity 1 –> money –> commodity 2
- money 1 –> commodity –> money 2
Explain more about exchange 1, commodity 1 –> money-> commodity 2?
- worker exchanges labour for wages to buy things
- goal is use-value (worker wants money for the food)
Explain more about exchange 2, money 1 –> commodity –> money 2?
- using capital to invest in something
- only works if the money produced is greater than the principal amount
- the goal is more money (capital)
What was a key question for Marx or the goose that lays the golden egg?
-How to create surplus value?
What three ways did Marx outline for creating surplus value?
- create more for less (automation, depressing wages)
- expand to new markets (imperialism, privatization)
- eliminate competitors (monopolies, concentration of wealth)
What did Marx say drove the Bourgeoisie and was the cause of breakdown?
-create surplus value
What is capital accumulation and what was it inspired by?
- its neo-marxism, inspired by Marx
- a focus on capitalist pursuits of surplus value to explain major historical changes at a global and local scale
What did Neo-marxist geographer David Harvey distinguish in terms of capital accumulation?
- regimes of accumulation
- modes of social and political regulation
What did Harvey mean by regimes of accumulation?
-primary process for accumulating surplus value
What did Harvey mean by modes of social and political regulation? What is an example? (4)
- forcing the behaviour of individuals into a configuration
- keeps the regime of accumulation functioning
- an ex) government regulations on monopolies or even ensuring labour supply via public education