SOCI 102 Lecture Notes - Lecture 5: Global Financial System, Meritocracy, Bourgeoisie
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Document Summary
Karl marx came up with conflict theory shaped the rise of communism and labour unions and workers" parties. Historical periods are distinguished by the mode of production of the period . Classes: groups of people who play different roles in the productive system . Bourgeoisie = those who own property that generates wealth. Proletariat = working class, own their labour . The history of all hitherto existing society is the history of class struggles all society is born from the struggle that comes from conflict between the two major classes they want different things capitalist wants more value from workers. Worker wants good wages and conditions relationship is coercive people who don"t own property must sell their labour to survive. Capitalism is very productive but it distorts work. Makes work about pursuing our own interests rather than a social and collective thing.
