What does Marx take from Hegel?
He takes the dialectical aspect of Hegel that history is driven by contradiction
What type of dialect does he use?
He is materialistic –> he uses a material dialect
What is his dialectic of history?
(4pts)
-Class struggle that has defined history up to now
-Classes for Marx are economic classes
-He says that the fundamental division of class is between those who produce and those who exchange
-Conflict between these two classes/forms of production
Those who are the producers become….
Those who are the exchangers become…
-Proletariat
-Bourgeoisie
What is surplus value?
(5pts)
-Key concept to understanding capitalism
-It is the difference between the value of the product produced by labor and the actual price of the labor paid out in wages
-There is no recognition of the work the worker produces, only valued for the profit they are generating, not the actual work itself
-They are only paid enough to live off of, not to make any actual profit
-Production–> commodity (purchase, consumption) –> surplus value realized (profit)—> Surplus value reinvested
