Sociological Theory I Lecture 4 Karl Marx Capitalism,
Commodification, Revolution, and Communism Theory as
• Pre Reading for active, critical engagement:
- Read with a double lenses look for suggestive language What are the background gap
- Concept mapping c map as you are reading gathers ideas
• Smith-wrapping up wealth is a social product, Marx challenges smith
• Smith’s main ideas: capital replacement, minimum wage, second propensities as human,
lack of progression in the division of labour occurring historically, smith explains how
wealth is a social product.
• Karl Marx:
- Lived after Adam Smith read Smith’s works
- Also looks at how wealth is a social product
- Has very different ideas about how we should organize what wealth is, what wealth
should be and what society should look like
- Known for his critique.
- What seems natural actually product of society.
• Marx and Critique:
- immanent critique: to judge is internally at odds with itself, shows us ugly truths and
forces us to confront them.
- Marx this is what society say its doing but looking deeply at what is actually being
done. Forced to look at ugly truths.
• Materialistic lens on human nature: