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Lecture

Marx lecture


Department
Sociology
Course Code
SOC101Y1
Professor
Irving Zeitlin

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Jan 17 SOC203
3 Components of Marxist theory:
1.Hegel
2.French socialism
3.English classical economists
Hegel
oPhilosophical idealist
oDevelopment means overcoming internal contradictions
-Oriental despotism, there was less freedom before
-Condition of blacks as slaves (internal contradiction)
French Socialism
oSaint Simone the only way to avoid defects is to have rational planning of
political economy
oneed authoritarian govt ---elitist govt
oSocial democracy
Classical political economy
oA nationalist discipline
oAdam Smith recognized the defects
oEconomics study of scarcity and how to distribute the resources
oPolitical economy economics wherein politics decide on how to distribute
MARX
oRecognized what other didnt (ascetic) - competition
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