SOC103H1 Chapter Notes - Chapter 4: Unequal Exchange, Social Relation

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10 Apr 2020
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Human labour is highly dependent on for capitalism. Capitalism is based on unequal exchange betweent capitalist and worker. Defined as pre-capitalist modes of production turns into capitalism mode. Capitalism is created from one with money and one seeks to increase their value of property. Acts of enclosure: parliament took away land of peasants and common land. Helped the committee of landlords aka english parliament. Capitalist logics: maximizing exchange value and profit, improving efficiency in terms of production, specialization and accumulation. Capital is not a thing, but a social relation between persons which is meditated through things - marx.

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