Value%20Theory%2C%20politics%202%20posting%20version.pptx

Value%20Theory%2C%20politics%202%20posting%20version.pptx -...

Info icon This preview shows pages 1–12. Sign up to view the full content.

View Full Document Right Arrow Icon
Value Theory : Political Ideology 2 ©Brian Orend, Fall 2016
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Today’s Agenda -mid-terms back , with comments by Andria and myself -finish the critique of Classical Liberalism - then, finish our examination of political ideology: Socialism Welfare Liberalism
Image of page 2
Where we left off last time… …was with criticisms of classical liberalism , in particular criticisms of free-market capitalism, which is the economic side of that political ideology. We enumerated many but didn’t have time for the final set of such criticisms, namely….
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Karl Marx’s criticisms of capitalism A) end result of “free-market competition” is, actually, anti-competitive massive corporations/oligopolies/monopolies B) “the fetishism of commodities C) alienation of life as “a wage slave”; people as mere cogs in the machine of capitalism
Image of page 4
Cont’d…. D) “exploitation ”: all value, Marx says, comes from labour; any excess is “creamed off the top” by capitalists. Owners only pay that amount needed to keep you coming back to work, and nothing more…. E) isolation of all the individualism and competition
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
A nice summary of Marx’s critique… He was famous in his day for arguing that the three great values espoused by the French Revolution—” liberty, equality, fraternity” were completely at odds with the actual experiences of life for the vast majority of people.
Image of page 6
Liberty -the vast majority of people are not , in fact, free and self-determining. Vast majority have no choice but to sell their labour power to survive . Only those who can live off their capital are free. And, even then, Marx says capitalists aren’t truly free, either, as they are in inescapable competition with each other. We’re all spiders caught in the all- consuming web of the structure of the economy .
Image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Fraternity? --give me a break, says Marx! Capitalists are in competition with each other, and they pit workers in competition with each other for jobs and promotions. All talk of patriotism, nationalism, brotherly love, religious community, etc., an illusion , a deliberate piece of false-hood spread by those who want people to behave and to be satisfied with their lives as (mere) “wage-slaves.”
Image of page 8
Equality... .... gets the most hostile reception from Marx and Marxists. Why? Because, on the one hand, it’s the value they most idealize yet, on the other, the ideal which they feel is most clearly un-realized under capitalism . What could be more obvious, Marx thunders, than that people are not equal in a liberal capitalist society?
Image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
As you know, Marx thought things were… ….so bad that liberal capitalism should, and would, be overthrown in violent revolution , and replaced with what he labelled “ scientific socialism .” Let’s talk about socialism in general, before coming back to this….
Image of page 10
Core Principles 1) Again, the root is the key: “social” in socialism. We are social beings , and in particular the individualism of classical liberalism strikes them as deeply, destructively anti-social.
Image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 12
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern