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Unformatted text preview: Robyn Mical Section: Friday 8:00am Assignment #1 Fetish Values of Commodity In Marxian terms, capital is best defined as currency. A capitalist or bourgeois earns his title through the ownership of capital, such as private property, and through the consumption of material goods. In most cases, the capitalist class uses commodities of value to define his socioeconomic status. This obsession with property defines societal organization in class structure and social relationships bound by that structure. The elite class harbors capitalist market based ideals which form their relationships based on possessions and resources which are the foundation for fetishism in the belief that commodities would help advance ones status in society. There is a constant competition to have the finest commodities so that one can be recognized within defined social strata as the pinnacle of wealth. Relations no longer involve man on man unions of value, intellect and reason, but instead revolve around humans and their...
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This note was uploaded on 10/17/2010 for the course SOC 150B taught by Professor Szaz during the Spring '10 term at UCSC.
- Spring '10