LABRST 1A03 Lecture Notes - Lecture 4: Canadian Labour Congress, Hold The Line, Perfect Competition

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Marxism: karl marx, d. 1883, class struggle. Modes of production: capitalism & industrialization. Good and bad: alienation, immiserization, revolution. Perfect labour market: gender, race ethnicity. Creating more value in the society is harnessing labour. Karl marx believed the opposite to the liberals: believed that the society are formed by class structure, marx capitalism class struggles are becoming clearer, he believed the basic nature of capitalism couldn(cid:495)t reform. Larger and larger classes being more exploited. Business classes getting richer and richer: its clear that society/system is getting richer. B/c more effective for exploiting human labour. Modes of production: new system that can clearly see the workers being exploited. The more sophisticated the system gets, the more alienated it gets. Alienation was a fundamental problem: in capitalism harnessing labour becomes way more efficient. Don(cid:495)t (cid:494)see(cid:495) yourself in anything (cid:498)alienation(cid:499) = losing connection w/ what you(cid:495)re producing. Once capitalism/competitive drive going the richer you want to be.

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