Classes in Relational Theory and Commodities

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What is exploitation in Marx's theory?

The surplus value taken from workers by capitalists

In a capitalist society, who produces most of the value according to the text?

The workers

What is the difference between the value of commodities produced by a worker and the value they are paid for called?

Exploitation

Who siphons off the surplus from workers for themselves in a capitalist society?

The capitalists

In Marx's theory of class, what role do proletarians play?

They produce most of the value

What is the main concept behind a worker selling their labor-power for wages?

Surplus value extraction

What is the bourgeoisie class defined as in Marx's Relational Theory of Class?

People who own the means of production

According to Marx, what is labour-power in relation to the means of production?

A human being's ability to engage in productive labour

How are proletarians different from the bourgeoisie in Marx's theory?

Proletarians must sell their labour-power to live

Alienation in Marx's theory involves:

The conversion of human labour-power into a commodity

Intermediate classes in Marx's theory include:

Capitalists who live like workers

Marx's Relational Theory of Class primarily focuses on the relationship between:

Capitalists and proletarians

What is one of the effects of precaritization?

Replacement of part-time jobs with secure, full-time jobs

Which term describes the performance of specific emotions as part of providing service to others?

Emotional labour

What has been a consequence of loosening labour laws and weakening unions according to the text?

Intensification of labour and replacement of secure jobs

What does neoliberalism criticize according to the text?

Growing inequality and financial instability

How has global inequality been influenced based on the text?

Erosion of workers' rights

What is one outcome of neoliberalism according to the text?

Growing economic inequality and financial instability

What is the term used in Marx's theory to describe the separation of workers from the products of their labor?

Reification

In Marx's theory, who benefits from the surplus value created by workers?

The bourgeoisie

What term is used to describe the process where capitalists exploit workers by paying them less than the value they produce?

Surplus extraction

According to Marx, what is the class that owns the means of production and profits from the labor of the working class?

Bourgeoisie

What term in Marx's theory describes the feeling of estrangement and powerlessness experienced by workers due to their alienation from their labor?

Alienation

How does Marx describe the process where capitalism leads to the exploitation of workers through surplus value extraction?

Capital accumulation

In Marx's theory, what does 'alienation' refer to?

The separation of workers from the products of their labor

What is the main form of exploitation in Marx's theory of class?

Proletarians being paid less than the value of their labor

What do capitalists extract from workers beyond what they are paid?

The surplus value of labor

What role do proletarians play in Marx's theory of class?

They are the working class that sells their labor-power

What differentiates the working class from the capitalists in Marx's theory?

Control over the means of production

What is one effect of capitalist exploitation on workers according to Marx's theory?

'Alienation' from the products of their labor

What is the term used to describe the difference between the value of commodities produced by a worker and the value they are paid for?

Surplus value

In Marx's theory, who siphons off the surplus value from workers in a capitalist society?

Capitalists

What does exploitation in Marx's theory involve?

Taking surplus value from workers

What is one major role of the bourgeoisie class in Marx's Relational Theory of Class?

Producing most of the value

According to Marx, what do proletarians primarily contribute to in a capitalist society?

Surplus value production

Explore how different types of people relate to each other in the production of commodities. Learn about capitalist class and working class as well as the concept of commodities and commodification.

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