What was Marx’s overall goal with his sociology of capitalism?
-to critique capitalism
What did Marx describe capitalism as?
-form of economic enterprise and a type of society
What were the two essential elements of economic enterprise?
- wage labor
What did Marx describe capital as?
-any asset that can be used to secure further assets
What did Marx mean by a ‘type of society’ in his definition of capitalism?
-capitalism is defined by a class society based on the relationship between capital and wage labor
What are class relations?
- they link economic relations to other institutions
What did Marx equate a sociology of capitalism to?
-analysis of class structure
What were the core ideas (6) of Marx’s analysis of class structure?
What are the characteristics of Marx’s relations of production?
Under the relations of production definition what is every society founded on?
Definite set of relations of production;
no
no
How does Marx define classes?
What are the means of production under Marx’s definition of classes?
-Things you use in order to produce, raw materials etc.
What is this ‘social relationship’ under Marx’s definition of classes?
-property (legal right over material object enforced by state)
What, under Marx’s concepts of classes, does every society have?
A distinct form/system of;
What was the main form of property in capitalist societies?
-capital
How are capitalist classes defined?
Why are classes dichotomous in principle?
-because 3 classes didn’t fit into either capitalist or workers, they were transitioning to them
What were the 3 exceptions to the dichotomous principle?
How does Marx answer to the ‘in theory’ dichotomous class problem?
- as capitalism develops this will simplify
How does Marx characterize capitalist society?
- locating its institutions in either the base or superstructure and specifying the relationship between the two
What are the institutions in the base?
-economic institutions
What are institutions in the superstructure?
-political, legal, educational etc.
What does Marx define as the base?
-forces (means) of production and relations of production