Questions and Answers
In Marx's theory, what is surplus value?
The value of commodities necessary to reproduce the worker’s labor-power
According to Marx, what is exploitation in a capitalist society?
Capitalists taking surplus value from workers by paying them less than the value they produce
Which class in capitalist society is responsible for producing most of the value?
The working class
What is the main role of capitalists in a capitalist society according to Marx?
Signup and view all the answers
How does Marx define exploitation in technical terms?
Signup and view all the answers
What does surplus value represent in Marxist terms?
Signup and view all the answers
According to Marx, what defines the bourgeoisie / capitalists?
Signup and view all the answers
What is one effect of neoliberalism according to critics?
Signup and view all the answers
What is the main source of income for the working class according to Marx?
Signup and view all the answers
What is one element of precaritization resulting from loosening labor laws and weakening unions?
Signup and view all the answers
In Marx's theory, what does 'alienation' refer to?
Signup and view all the answers
How did global wealth distribution look in January 2019, according to the text?
Signup and view all the answers
How does Marx describe the relationship between workers and capitalists in terms of labor-power?
Signup and view all the answers
What are some reasons for the global wealth gap mentioned in the text?
Signup and view all the answers
What does 'surplus value' represent in Marx's theory?
Signup and view all the answers
In Marx's theory, what is the term used to describe the replacement of secure full-time jobs with insecure part-time jobs?
Signup and view all the answers
Who are considered intermediate classes according to Marx?
Signup and view all the answers
What is one negative impact of precaritization on employees?
Signup and view all the answers