SOCI 3300 Lecture 4: social theory notes 2.9.17
Document Summary
Marx (day 3: use value and exchange value. Sell it in order to make money . Sell it for more than you invested, making a profit (m prime) Invest it in a commodity : this is the point of capitalism. Includes labor: the labor theory of value. Laborists are just a means to an end to capitalists. You cant make profits without exploiting labor. Exploiting labor is a necessity factor for capitalists: the nature of class consciousness. Class consciousness: laborists need to see that they have a common condition of exploitation. Forming unions/strikes: capitalists purposely divide workers so that they cant unite. Profit can increase if wages go down relative to profits: labor market. It is hard for workers to form unions and strikes because they are naturally competing against each other in the labor market: living labor vs. dead labor. Now automation is taking over in factories. Humans (living labor) made the machines to replace other humans.
