SOC227H5 Chapter Notes - Chapter 2: Petite Bourgeoisie, Wage Labour, Profit Motive
Document Summary
Karl marx on worker exploitation and class conflict. Mode of production: overall system of economic activity within. Means of production: major components (technology, capital. Social relations of production: relationships : the major a society investments, and raw materials) social groups or classes involved in production. Class conflict central to marx"s theory of social change. Working class/proletariat: own the means of production, exchanged its labour for wages, comprising independent producers and small business, will eventually disappear and incorporated into one of owners. Capitalism would eventually be replaced by a socialist mode of production. Capitalist profit motive is usually in conflict with workers". Worker-owner relationship workers losing control over how. Working class would organize to more actively oppose the desires for better wages they did their work dehumanization of work ruling capitalist class. Higher wages would the productivity of workers and the economy as a whole. Competition among individuals and enterprises improve their own position growth and creation of wealth .
