[SOC220H1] - Final Exam Guide - Comprehensive Notes for the exam (23 pages long!)

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29 Nov 2016
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Before nov. 4 provide a rough outline to ta or prof"s office hour get a bonus mark. Distinct groups in a population have different interests (arise from their position, their means of production) Ability to exclude people from certain use of things. Population is divided into two classes: bourgeoisie (capitalists) and proletariat (working class) One group gains and the other group loses. The value of all commodities, including labor power, is equal to the socially necessary amount of labor time required to produce them. The worker works all day in the factory, and the capitalist takes the surplus value. Class in itself & class for itself. The concept of exploitation is based on the labor theory of value___________________ Generates a large number of workers performing very similar tasks in the same places. Would lead to development of huge assembly lines which huge amount of workers doing the same things. Failed predictions: 1) increase in knowledge based occupations.