Bourgeoisie

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class consciousness

Becoming aware that you share interests with a group of people

Division of labor

Dividing up a work process into many steps to make sure the jobs people are doing are done right Done in capitalism Marxists are against it bc no skil is required

What theory of value underlines capitalism?

Does not believe labor is value Says leadership, ownership, and innovation are valuable and deserve more money

Labor Theory of Value

The laborers work is what is creating profit so they deserve more money

Bourgeoisie

The middle class Makes money from investment Own means of production Salary owners

Proletariat

The working class/ laborers Wage earners

means of production

Things you need to make other things


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