HI125 Lecture Notes - Lecture 2: Second Industrial Revolution, Wage Labour, Industrial Revolution
Document Summary
The slides for this note can be found here: https://mylearningspace. wlu. ca/d2l/le/content/308020/viewcontent/1866731/view. The second industrial revolution (and banking) quiz notes. Open for 24 hours (starting november 10 @ 11:59pm) The questions will relate to: appleby, wren and greenwood, powers, marx and friedman. I. e. everything (readings) since the midterm 20 multiple choice (for 15%) Once you start, you have 50 minutes to complete. The second industrial revolution built the foundation for current infrastructure focus on human relationships and size/scale of businesses. Historical and scientific perspective: economic conditions are related to social organization. Requirement for an economy (have to go through it) increase in productivity. Commodification of labour alienated labour under capitalism wages are surplus value wage labour produces the wealth that rules over it" class antagonism. Capitalism is relentless in its development of the division of labour (competition) pursuit of profit (surplus value) and the level of profit.
