POL SCI 140L Chapter Notes - Chapter 1, 2, 4: The Communist Manifesto, Progressive Tax, Wage Labour
14 Feb 2018
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Document Summary
Capitalism is good because it created abundance. For this to work, we need to be able to create stuff easily: no 15-hour days. There used to be complicated class structures: now just bourgeoisie and prol. Bourgeoisie: class of modern capitalists, owners of the mop and employers of wage labor. Modern bourgeoisie is the result of lots of revolutions in the mop! The feudal system of industry was insufficient to satisfy demand. Replaced by manufacturing system as markets and demand kept growing. Steam and machinery revolutionised industrial production: modern industry. The bourgeoisie creates a world after its own image . Forces ppl to give in by offering cheap prices for commodities. Compels all nations to adopt bourgeois mop. Mop and exchange that built bourgeoisie were generated by feudal society. With development of industry, proletariat grows and gets stronger. Proletariat is the only class that doesn"t decay. Existence of bourgeois class depends on the augmentation of capital.
