SOCI 102 Study Guide - Midterm Guide: Canada Pension Plan, Social Mobility, Precondition

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SOCI 102 Full Course Notes
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SOCI 102 Full Course Notes
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Document Summary

Reading: manifesto of the communist party (karl marx and friedrich engels) Reading: on (not) getting by in america (barbara ehrenreich) Social class: groups of people who play different roles in the productive system. 2 types of classes (context of capitalism): Capitalist (bourgeoisie): owns means of production and property. Worker (proletariat): own capacity to labour r/s between capitalists and workers: Workers need capitalists because they need money so capitalists are able to pay them low wages, give poor working conditions, longer hours etc. Marx argues that capitalism continues to exist via this exploitation of workers" labour and subsequent oppression (r/s is unequal = class struggles) Class struggle: conflicts b/w those who own means of production (capitalists) and those who own their own labour power (workers) Capitalism: economic system in which businesses are privately owned and good are sold on the market for profit. Socialism: economic system featuring a collective ownership of the means of production.

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