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Lecture 4

SOSC 1520 Lecture 4: SOSC 1520 Nov 7 Lec 4

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York University
Social Science
SOSC 1520
Glenn Goshulak

SOSC 1520 Nov 7: SOCIALISM: What is it? Where does it come from? --> Industrialization: - Effects on workers - Leads to strikes, protests, clashes - Attempts to form unions - Attraction to socialist ideas --> This did not mean that the workers accepted their fate, they began to form unions and walk off the job and protest their wages. Socialism: - A political and economic theory of social organization which advocates the means of production, distribution, and exchange should be owned or regulated by the community as a whole. - Has roots as far back as Ancient Greece - Early 19th century Luddite Movement: A group of people during earl 1800s who were opposed to technology, because it was replacing their cottage industries with machines. Communism: Applied to the movement that aims to overthrow the capitalist order by revolutionary means and to establish a classless society in which all goods will be socially owned. Anarchists: Group that set out to abolish the government, believing that the gov't only existed to protect the rich --> Communism wanted to do somewhat the same (abolish the gov't) except by revolutionary means (which includes aggressive violence). Neoclassical Economics: Open market, government should support and allow as much access to the open market as possible which would allow more profits. Marx himself didn't spend much time looking at alternatives, he spent most of his time looking into capitalism and finding out how it works. Marxism: Basic Tenets -- Alternative view of capitalism (looked at it historically) - It provides a critique/explanation of both its success and its inherent flaws - Historical materialism --> How ppl have met their material needs --> Diff (and most important) modes of production (slavery, feudalism, capitalism) -These modes of production were based on: --Based on relations of production -Division of labour -Ownership of the means of production -Class struggle and oppression Bourgeois: Fancy way of saying worker Pro
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