SOCI 2040 Study Guide - Quiz Guide: Primitive Accumulation Of Capital, Profit Margin, Bourgeoisie

• School: York University
• Department: Sociology
• Course: SOCI 2040
• Professor: Marcello Musto

Document Summary

I will discourse capital economy, primitive accumulate, surplus value, commodity of fetishism and alienation in the following: (1)-marx begins the capitalist manifesto by giving a description or critique of capitalism. Capital political economy is a branch of knowledge or academic discipline. In the middle ages, feudal lords, masters, fasteners, guild masters, journeyman, apprentices, and service cooks. Present epoch, the pox of the bourgeoisie which posse"s wealth, and to which has a distinctive feature. Marx asserts that society as a whole is more and more splitting up into two great hostile camps, into two great classes, the bourgeoisie (capitalist) and the proletariat (the working class). It has converted the position of the lawyer, the scientist into its paid-waged labour. It has left no other bond between people than naked self-interest of the cash payment. It has resolved personal work into exchange value (free trade). This is perhaps the most obvious qualm marx had with capitalism.