SOSC 1800 Study Guide - Final Guide: Class Conflict, Frankfurt School, Commodity Fetishism

• School: York University
• Department: Social Science
• Course: SOSC 1800
• Professor: Richard Frank

Document Summary

Political economy : 3 words: polis, oikos - household, economy, nomos. Term was created by french thinker - (political economy) Interplay of economics - law and politics. Interest of study: groups, individual, city, country. Marxism - karl marx worked witg engels, book: the capital. Political economic pholosphy concerned with critique of capitalism. Words to remember: class struggle (class antogonism), marx there were two classes: Proleteriat (workers), bourgoisie (owners), two different interests of the two, interest clashes. Engels way of looking at it is very materislistic. Historical materialism is their way of looking at it. Gives us material basis to look at. Have an idea of society based on two classes. Does not adequtaely express complexity of society. Commodity: good or service that you can buy which is valued, commodification: transformation of goods and services into commodities, commodity fetishism: when a value is assinged for a product, somthing comes to stand up for yourself- brands.