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SOCY 151: Foundations of Modern Social Theory

Lecture 13 - Marx's Theory of Class and Exploitation. In order to move from a theory of alienation to a theory of exploitation, Marx develops a concept of class and of the capitalist mode of production. He developed these in The Communist Manifesto, the Grundrisse and Das Kapital. Marx argues that what sets the capitalist mode of production apart from the commodity mode of production is not only the accumulation of money; the capitalist mode of production is characterized by the use of labor power as a commodity to create more value. The capitalist compensates the laborer enough for his labor power to reproduce the commodity (the labor power), but the laborers' power produces additional value: a surplus value for the owner. The worker is exploited when he does not keep or control the value created by his own labor power. Marx argues that the capitalist system forces people into one of two classes: the bourgeoisie and the proletariat. This class dichotomy did not describe accurately social structure in Marx time, when a sizable class of self-employed existed. Marx predicted that this "middle class" will disappear; instead it grew in size over the twentieth and twenty-first centuries.
(from oyc.yale.edu)

Lecture 13 - Marx's Theory of Class and Exploitation

Time Lecture Chapters
[00:00:00] 1. The More Familiar Karl Marx
[00:09:14] 2. Theory of Exploitation
[00:38:49] 3. Classes in History
[00:44:59] 4. How Many Classes?

References
Lecture 13 - Marx's Theory of Class and Exploitation
Instructor: Professor Ivan Szelenyi. Transcript [html]. Audio [mp3]. Download Video [mov].

Go to the Course Home or watch other lectures:

Lecture 01 - Introduction
Lecture 02 - Hobbes: Authority, Human Rights and Social Order
Lecture 03 - Locke: Equality, Freedom, Property and the Right to Dissent
Lecture 04 - The Division of Powers- Montesquieu
Lecture 05 - Rousseau: Popular Sovereignty and General Will
Lecture 06 - Rousseau on State of Nature and Education
Lecture 07 - Utilitarianism and Liberty, John Stuart Mill
Lecture 08 - Smith: The Invisible Hand
Lecture 09 - Marx's Theory of Alienation
Lecture 10 - Marx's Theory of Historical Materialism (1)
Lecture 11 - Marx's Theory of Historical Materialism (cont.)
Lecture 12 - Marx's Theory of History
Lecture 13 - Marx's Theory of Class and Exploitation
Lecture 14 - Nietzsche on Power, Knowledge and Morality
Lecture 15 - Freud on Sexuality and Civilization
Lecture 16 - Weber on Protestantism and Capitalism
Lecture 17 - Conceptual Foundations of Weber's Theory of Domination
Lecture 18 - Weber on Traditional Authority
Lecture 19 - Weber on Charismatic Authority
Lecture 20 - Weber on Legal-Rational Authority
Lecture 21 - Weber's Theory of Class
Lecture 22 - Durkheim and Types of Social Solidarity
Lecture 23 - Durkheim's Theory of Anomie
Lecture 24 - Durkheim on Suicide
Lecture 25 - Durkheim and Social Facts