POLS 2200 Study Guide - Midterm Guide: Class Conflict, Bourgeoisie, Underconsumption

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Intellectual work of karl marx history according to marx is driven by economics and class con ict each economic stage in history has it own mode of production (the organization of society for the production of goods) Economic structuralism and the view of the state. Society consists of the base and the super structure base is relations of production and forces of production relations include classes and their role forces are factors that e ect and are required for production. John hobson on imperialism non marxist economist faced with 3 problems for capitalist economies overproduction underconsumption by workers and others over saving by capitalists. Modernization: rostow stages of development: traditional society, preconditions for take o , take o , drive to maturinty, age of high mass consumption. Economic policies that emerge out of dependency theory high protectionism of goods and labour high tari s on trade for countries high tax on imported goods, promotes local internal product consumption.

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