HIS241H5 Lecture Notes - Lecture 9: Conspicuous Consumption, Industrial Revolution, Bourgeoisie
Document Summary
Capitalism: economic system where the mode of production is based on unequal. Small group of people own means of production and they essentially create a highly unequal society. A society where some people own a lot of stuff and where a lot of people don"t have anything and they can only sell their labor. When you control the tools, you control the work . Accumulate profit based on labor of proletariats. Workers converting raw materials/making services that are sold for profit. Bourgeoisie spending money on building factories, new manufactured goods being produced, and most importantly conspicuous consumption. Marx draws upon ideas of hegel when writing about communism. George hegel writing about the dialectical stages of the development of ideas. Talking about a science of human history. Hegel was a philosopher interested in the philosophy of ideas. Argued that each age is characterized by a dominant set of ideas. This dominant set of ideas is called the thesis.
