POLSCI 1G06 Lecture Notes - Lecture 4: Union Violence, Elite Theory, Economic Planning
8 Dec 2014
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Context: 19th century britain and the industrial revolution. Historical research led him to conclude that there are fundamental laws of history. These laws can be discovered through an examination of the economy. Human beings have different relationships to the material part of the economy. Society is divided into those who own means of production and those who do not. A class is a set of people who share the same objective relationship to the means of. In capitalism, those who own the means of production are called the bourgeoisie, those who do not are called the proletariat. Workers create more wealth through their labour than they receive. Owners sell what their workers produce for more than they pay their workers and thereby accrue pro t. Marx identi es several different (and sequentially related) modes of production. These antagonisms will eventually and inevitably move the economy from one mode of production to another.
