Marx Capital summary 205-307

Marx Capital summary 205-307 - Marx, Capital summary pp....

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Click to edit Master subtitle style 4/28/11 Marx, Capital summary pp. 205-307
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4/28/11 A commodity, like a pair of shoes, used to be produced by one person. With the rise of manufacturing in the capitalist world, each aspect of production is undertaken by a different person (one person does the soles, one person the laces, etc.). A laptop today may have 5,000 parts and each part might be produced in a different factory. This is an extremely efficient method of producing goods, but it is also
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4/28/11 The “animal spirit” in us delights in variety. Modern methods of production and labor treat workers as if they were machines. These methods also do away with the need for skilled labor in many fields. For example, even though millions of shoes are made every year, there are fewer and fewer people who actually know how to make a pair of shoes from start to finish.
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4/28/11 The capitalist demands division of labor and cooperation within the factory, but condemns the right of
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Marx Capital summary 205-307 - Marx, Capital summary pp....

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