POLI 243 Lecture Notes - Classical Marxism, Overproduction, Underconsumption
Document Summary
Marx criticized liberal policies by claiming they failed to deliver promised results. What i am observing is not really voluntary exchange. When land was taken from a village, it was land taken from the commons. Those people could not succeed as farmers but they moved to the cities, unhappily. Arguments based on dialectical logic (events are driven by contradictions) Marx, there are periods of stability and then change. Marxism relies on the labour theory of value. Material gains are being reaped other than workers. A liberal would have no problem with this except v may be cost and the other, the things that go into producing the good, and sv would be profit. The creation of surplus value that is going to cause capitalism to fail. Back then in feudal times, if you were poor and unemployed, you would still get support. Marx is talking about poverty even when there is an abundance of food and resources.