ipl-logo

Summary Of The Select Writings Of Karl Marx

259 Words2 Pages

“The value of an object is just as much as it will bring” Marx (pg.221) In “The Select Writings of Karl Marx), Marx argues the wealth of societies’ that prevails the capitalist mode of production is a large collection of commodities, with individual commodities present in their most basic form. Marx states a commodity is an external object e.g. iron, paper, etc. “an object which by its qualities satisfies human needs of some kind or another” (pg.220). Marx says ““every useful object can be viewed from two perspectives, that of quality and quantity; thus the usefulness of an item determines its use value (Marx states this use value doesn’t just dangle in the air and is based on the commodities physical properties. (pg.220). “Diamonds, corn,

Show More
Related

  • In Dubious Battle Mob Quotes

    688 Words  | 3 Pages

    The dominant classes in society accumulate wealth off of expropriating the labor of society. One German economist Karl Marx has said, “The ideas of the ruling class are, the class which is the ruling material force of society, is at the same time its ruling intellectual force. The class, which has the means of material production at its disposal, has control at the same time over the means of mental production, so that thereby, generally speaking, the ideas of those who lack the means of mental production are subject to it. The ruling ideas are nothing more than the ideal expression of the dominant material relationships, the dominant material relationships grasped as ideas.” Karl Marx shows that when you are considered a higher class, which means you produce the resources need by society, you control what happens to society.

    Read More

  • Antz Materialism

    735 Words  | 3 Pages

    This can be understood as a metaphor asserting that the base of society keeps every other aspect running smoothly. It is important to note that in the preface of A Critique of Political Economy, Marx failed to sate a clear difference between a commodities exchange value and use value (McIntosh 1997). This distinction is the basis for how we determine value and is an essential part of the social economic

    Read More

  • Karl Marx Alienated Labor Analysis

    814 Words  | 4 Pages

    This is because despite the energy of labor and the being of the labor which are put into the product, that product itself doesn’t belong to the laborer nor do they receive any benefits from the product i.e., ‘the fruits of their labor’. In a sense, the laborer loses something of himself during the time spent creating this estranged object, as it doesn 't identify with it as a meaningful part of its own presence as a person, yet simply as an independent entity alienated to itself. Marx states that the “worker puts his life into the object; but now his life no longer belongs to him but to the object” (29). Therefore, the more labor one puts into a product the more powerful and estranged the world of products becomes of them. This estrangement can become so acute that the bare necessities of living are taken from the laborer as the more products they produce, the less they possess.

    Read More

  • Karl Marx: The Contributions Of Vladimir Lenin And Marxism

    1543 Words  | 7 Pages

    Andre Abi Haidar PSPA 210 INTRODUCTION It is always difficult to write about and discuss Karl Marx, or more importantly the applications of Marx’s theories, due to the fact that he inspired and gave rise to many movements and revolutionaries, not all of which follow his theories to the point. Although Marx tends to be equated with Communism, it might not seem righteous to blame him for whatever shortcomings occurred when his theories were put to the test; Marx passed away well before the revolution in Russia, and he played no role in the emergence of the totalitarian regime at the time. When discussing Marx, however, Vladimir Lenin is one of the biggest highlights when it comes to studying the outcomes of Marx’s theories.

    Read More

  • Karl Marx And Max Weber's Inequality In Society

    1609 Words  | 7 Pages

    These very traits depict how an individual grips his possession, how he dislikes the idea of sharing his possession with the other people, and how he feels when others have more than of what he possesses (Fitzmauarice and Comegys, 2006). Tracing history, Marx based his distinction on materialism between the means on production and how

    Read More

  • Karl Marx Anti Semitism

    1122 Words  | 5 Pages

    (Marx)56-71 Money is the unveriseal self established value of all things “. (Marx)56-71It has thefore robed the world both of man and of nature of its specific value “. (Marx)56-71Money is the estranged essence of mans work and existence , and this alien essence dominates him and he worships it “.

    Read More

  • Classical Social Theory In 'Estranged Labor'

    512 Words  | 3 Pages

    In “The Fetishism of Commodities” Marx explains that we measure the value of the usefulness of things with money. Jack recognizes that he has become a slave to the fetishism of commodities, saying “we buy things we don’t need with money we don’t have to impress people we don’t like” and that he is “a slave to ikea”. He is constantly making money just to spend money. He uses his material possessions to try to find meaning in his life and define who he is as a person. When his apartment explodes, he is forced to look this realization in the face because he has lost everything that him a consumerist

    Read More

  • Marxism In Black Mirror

    976 Words  | 4 Pages

    He wrote that the wealth of those societies in which capitalist modes of production prevails presents itself as an immense accumulation of commodities and he defined a commodity as a useful item produced in order to create a surplus for the capitalist. Considering this difference between Marx and Deboard it's fair to say that the episode 15 million merits tells the story of an ideological spectacle that is the spectacle diverts people's political impulses, away from resistance. The screens keep people from leaving their bicycles but in the Black Miroro episode Nosedive we get a little closer to a true Society of the spectacle that is if we try to imagine an economy rather than a merely political spectacle. The first episode of the third season episode called nosedive gets us closer to that goal now technically there still is a world of work and money but the plot doesn't involve those aspects of society. In the world of the plot characters aren't motivated by money but by representations of themselves the characters creates images that themselves they represent themselves to the world and to each other by posting and liking things on social media and the accumulation of stars that they'd received.

    Read More

  • Comparing Marx's Views On Fetishism And Commodity

    452 Words  | 2 Pages

    The main point Marx’s text dealt with was that in the current world order, things (commodities) seem to have intrinsic values. He points out that things attain these values regardless of how and with what process of labour they were produced. This intrinsic value characteristic has no physical basis and appears as magical. Therefore the ‘fetishism’ allegory that Marx adopts I think fits well into the situation, used in order to describe the mystical properties of commodities. Nothing that is worth money, or money (gold) itself, has an exchange-value stemming from their inherent characteristics, so he puts forward that this value seems to be generated by the social relations of people and calls the notion the fetishism of commodities.

    Read More

  • Marx Explaining The Price Of Particles Values

    181 Words  | 1 Pages

    Marx talked the price of commodities and its value in the exchange in the quote, “it was the analysis of the price of commodities that alone led to the determination of the magnitude of value, and it was the common expression of all commodities in money that alone led to the establishment of their characters as values” (Marx 667). What Marx was explaining is that in exchange, commodities' values was determined by the amount of labor-time that was put into them as labor could be concluded. Fetishism within capitalism happened once labor has been divided and centrally coordinated, and the laborer no longer claims the method for production. They do not have the access to the information of the amount of work went into an item, since they could

    Read More

  • Karl Marx's Appropriation Analysis

    937 Words  | 4 Pages

    Marx claims that “man has no human needs” and that money is only the “true need” produced in capitalism. With ownership comes greed, status, rights and abuse which have become only adequate expression of man’s powers at this stage in their development. Marx says that capitalism is the “low point” of appropriation by man’s powers, communism is its “high point”. Communism starts a time when man brings his species powers out of himself. Till then majority of the powers are hidden inside him which we can say are improperly or inadequately fulfilled.

    Read More

  • Review Of 'Defend Your Economic Philosopher' By Karl Marx

    1000 Words  | 4 Pages

    “Capitalist production, therefore,develops technology, and combining together of various processes into a social whole, only by sapping the original source of all wealth--the soil and the labourer. In proportion as the exploitation

    Read More

  • Strong Economic Exchange

    1235 Words  | 5 Pages

    In a community where there is a buyer-seller relationship, there is also the talk of profits. During an exchange, the money that the seller had made from the object is the profit that they have created. In the mind of the capitalist, all of the surplus value, or profit, should go to the capitalist. In the mind of Marx, all of the surplus value should go to the workers because they are the ones that added the surplus value to the object in the first

    Read More

  • Karl Marx Research Paper

    1109 Words  | 5 Pages

    Marx’s ideas about the “labor theory of value” states that: the value of an exchangeable good lies in the amount of labor required to produce it. He vied that the value added by a worker is more than the wages he earns. We saw this rather odd aspect in our text and in a few discussion post. Marx later derived what he called labor power; a workers capacity to produces goods and service, and the hours worked should be relevant to the wage they earn. Although he is placed in the classical school of thought, Karl Marx is well renowned for his dislike of capitalism and pro communistic views.

    Read More

  • Alienation In Charlie Chaplin's Film Modern Times

    2428 Words  | 10 Pages

    However in Marx 's view, this exchange reduces labour to being a commodity to be bought and sold

    Read More

More about Summary Of The Select Writings Of Karl Marx

Open Document