SOC227H5 Lecture Notes - Lecture 2: Invisible Hand, Feudalism, Bourgeoisie
Document Summary
Complicated theorist, we are only discussing small fragment of his work. B/c of this, they were in situation where they are being exploited if you have ability to force someone to work and dictate wage and form in which they must do it, you are exploiting. Seeing this in developing countries, creating inequality between farmer"s vs those who have money. Modern means of production people can own today knowledge, talent etc. We"ve moved away from valuing land and labour as means of production to exploiting knowledge to do so. Marx saw class division in society which was detrimental to social cohesion named the social classes. Bourgeoisie and proletariat; those who own means of production, those who sell their labour. Feudalism lord has control over land, don"t get paid, get enough to live on etc this is seen as god"s will. Mode and means of production in terms of feudalism (read chart on following slide)