SOC101 Lecture Notes - Lecture 4: Individualism, Labour Power, Psychopathy
Document Summary
The history of all existing society is the history of class struggles. So they have to serve the king now. People were agreeing to die for the king just for the right to land and pay taxes. Class to marx is relational: it reflects a relationship to the means of production- resources needed to produce goods. Either you posses the land or you are a proletariat. Bourgeoisie may own factory and produce trinkets, et(cid:272). P(cid:396)oleta(cid:396)iat does(cid:374)"t get a sha(cid:396)e f(cid:396)o(cid:373) p(cid:396)ofits of owners. Proletariat becomes poorer and the bourgeoisies make millions of dollars. With industrial revolution the bourgeoise made lots of money. Adam smith and the wealth of nations (free market economics) laissez faire market practices. Goods and services are provided by private firms in free economy. Neoliberalism- workers were dying of fire and gas exposures. All this behavior was encouraged under free market capitalism. All mattered was that the capitalist is generating profit.
