POLI 243 Lecture Notes - Classical Marxism

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Marx criticized liberal policies for failing to deliver the promised results. Liberalism market relationships free exchange. Marx says he does not see voluntary exchange, but rather people who are thrown off the land, who had previous relationships with the landowners: taken off the land and being told that they are workers. Took legal and political changes to implement liberal policies. Liberal policies does not make everyone better off. Arguments based on dialectical logical (i. e. , events are driven by contradictions: how systems change, and overtime, when pressures get too big, a new system emerges. Contradictions are defined as logically identified inconsistencies which may or may not appear obvious. Social classes are the primary actors: in understanding how economy operates, he observes classes in their hierarchal order (capitalists workers, key actors in society are the different social classes. Classes act in their own material interests: they are competing for wealth.

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