POLI 243 Lecture Notes - Lecture 4: Classical Marxism, Bourgeoisie, Social Democracy

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15 Jan 2019
Course
Professor
Marx versus Liberalism: Marx criticized liberal policies for
failing to deliver the promised results
His arguments used dialectical logic (events are driven
by contradictions)
Collisions of thesis and antithesis creating synthesis
i.
a.
Contradictions are defined as logically identified
inconsistencies which may or may not appear obvious
b.
Marx used the Labor Theory of Value (labor is
responsible for every value)
c.
A.
The labor theory of Value
V: Value
K: Kapital (comes from labor)
W: Wages
SV: Surplus Value (in honor of capital)
V = K + W + SV
Technically V should be W
Classical Marxism
Social classes are the primary actors
Proletariat, aristocracy, bourgeoisie
i.
1.
Classes act in their own material interests
2.
The expropriation(征收)of surplus value is exploitation
3.
B.
Marx's model of capitalism
Surplus value is created (labor not paid enough)
Unemployment: creation of "reserve army" of labor
i.
a.
C.
4
Monday, January 14, 2019
8:42 AM
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