HI125 Lecture 2: LECTURE 2 – HI 125.docx
Document Summary
Marx said capitalism comes from the antagonistic principle people own capital, they want more capital, and build open it their goal is to maximize profit they own the means of production captlist does this by cutting labour cost (or taxes) the worker worker must sell their labour and is in a constant state of percarity (fired immediately, they are unsure with their own jobs, no safety) they are dependent on the wages, they are dependent on the captilist (top man) their goal is to maximize wages and security markets are more open, more international, and more impersonal capitalist is going to be able to vary their investments, greater concentration of wealth, take advantage of business organization, rise of the corporation, huge global enterprises, worker economy worker are percarity, how the worker is apart of the consumption, middle class is told to drive the.
