SOCY 122 : Personal summary notes from a tutorial discussion on Karl Marx

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SOCY 122 Full Course Notes
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SOCY 122 Full Course Notes
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Labour doesn"t get the amount of money they should for the work that they put in. Capital owners don"t pay their labourers what they"re really worth. Unemployment = reserve army of labour (desperate work) Mode of production: how people meet their basic needs. Capitalism: mass industrialization, market based economy; owners (bourgeoisie) and workers (proletariat) Transition from feudalism to capitalism = enlightenment. If you had full understanding/knowledge of the problem , you could fix it. Surplus value = profit ---> innermost secret of capitalism is surplus value. Hegel: indealist philosophy; ideas to improve our lives, mind/consciousness. Motor force of history --> driver forward. Ideas are not the motor force of history, rather it is the material conditions of existence - marx. It is not the consciousness of men that determines their existence, but on the contrary, their social existence t hat determines their consciousness. Ruling class owns means of production; economic power leads to political power.