POL101Y1 Lecture : Marxism

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Consequences: luxuries came to be seen and mere decencies and decencies came be seen as necessities, distribution highly uneven but now creation of middle class that had risen from manual labor to professional or entrepreneurial status. Law, morality, religion all determined by mode of production: superstructure : slave, feudal, capitalist, socialist/communist modes of production. How does history unfold: exploitation (the higher class exploits the class under it. No they give it to the stock holders. A mast behind which power hides capitalism: but they, too, exploit labor and eventually their power is brought into question by those who they exploit. Formal freedoms versus substantive reality (how you exercise your freedoms if you are poor?) People will realize that everyone depends on each other: capitalism, your living in the matrix. Marx is keanu reeves: capitalism produces this want for more, this greed.

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