The Means of Production

The Means of Production - The Means of Production: The...

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The Means of Production: The third, very significant element, relates to those parts of the Forces of production that can be legally owned - for example, in Capitalist societies, land raw materials and, in some cases, Knowledge , but not such things as " people ". According to Marx, different historical periods have different dominant means of production : In Feudal society , land was the most important means of production. In Capitalist society , land is still significant, but the most important means of production are things like factories , machines and so forth. A couple of points are important to note: 1. Some sociologists have started to argue that, in post-modern society , knowledge becomes the most important means of production . 2. Legal ownership of the means of production is going to make you a very powerful individual / social group. 3. Only in slave societies are workers part of the means of production (in Capitalist society, for example, employees are not owned by their employers - all that the employer buys (through wages) is the ability to use an employee's labour (hence, their " labour power " - the ability to put someone to work)). Marx argued that your relationship to the means of production objectively determined your social class and, if we accept this idea for a moment, it follows that he initially identified two great classes in Capitalist society : 1. The Bourgeoisie ( Upper or Ruling class ). Those people (a minority) who owned the means of production . 2. The Proletariat ( Lower or Working class ). Those people (the majority) who did not own the means of production . For Marx, the concept of social class was of fundamental significance, precisely because it could be used to explain the basis of social change (in a way that contemporary theorists could not). Marx argued that all societies involved
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The Means of Production - The Means of Production: The...

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