T V 1 Lecture Notes - Lecture 16: Economic Determinism, Falsifiability, Surplus Labour

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Conventional marxism: marxism is not a unified ideology - there are a variety of theorists: althusser, Marxism: deterministic elements in marx"s own writings, the communist manifesto. What the bourgeoisie therefore produces, above all, are its own grave-diggers. The changes in the economic foundation lead sooner or later to the transformation of the whole immense superstructure". "the mode of production of material life conditions the general process of social, political and intellectual life. It"s a two-way process: the communist manifesto. The history of all hitherto existing society is the history of class struggles": evidence to the contrary: Rising income inequality in anglo-saxon countries (thomas picketty: relative poverty is another measurement. Ideology (hegemony - gramsci: the circuit of capital. Money - commodities p (labour power/means of production) commodity - Money: surplus labour, competition drives capitalists to further exploit labour to outperform competitors, overproduction, capitalism is too efficient in production, the best mode of production humans have ever created, the regeneration effect.

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