SOC 402 Karl Marx - The Perpetual Revolution

SOC 402 Karl Marx - The Perpetual Revolution - Lecture 4A...

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"The bourgeoise cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of productions, and with them the whole relations of society…" Communist Manifesto, in Kivisto, p.18 Feudal Market aspects - chickens (peasants) are bound to land, position is hereditarily determined a. Capitalist aspects - chickens have beliefs that reinforce the ideological superstructure b. Discussion of Chicken Run 1) A good that satisfies human wants and needs i. A good produced for exchange ii. In extreme capitalism, anything can be a commodity - a smile, a way of talking, life, etc. 1) Our main form of wealth in a capitalist society iii. What is a commodity? a. The capacity to satisfy human wants and needs 1) A commodity must have use-value to have any exchange value or (economic) value 2) Not unique to capitalism 3) Use-value i. A good's worth in terms of other commodities 1) Not unique to capitalism 2) Exchange-value ii. Measured by the amount of labor-time necessary for a commodity's production 1) Essentially unique to capitalism 2) (Economic) Value iii. How much are commodities worth? 3 kinds of Commodity Value b. (C = Commodity, M= Money)
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This note was uploaded on 04/25/2008 for the course SOC 402 taught by Professor Jeremystraughn during the Fall '07 term at Purdue.

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SOC 402 Karl Marx - The Perpetual Revolution - Lecture 4A...

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