WordaDay – Marxist Glossary 3.0 – Political Economy

  Political economy: Political economy, in the widest sense, is the science of the laws governing the production and exchange of the material means of subsistence in human society. Production and exchange are two different functions. Production may occur without exchange, but exchange—being necessarily an exchange of products—cannot occur without production. Each of these two […]

WordaDay – Marxist Glossary 3.0 – Relations of Production

Relations of production are the connections between people and property, that is, the ownership pattern, in the process of production. The ownership pattern determines the placement and role of classes — exploited and exploiters — in the process of production. The process of production consists of the division of labor, stage of development of technology, […]

Proletariat – Darryl “Waistline” Mitchell

Women Potters Tending Fire  By proletariat, [is meant] the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor-power in order to live. [Engels, 1888 English edition](Karl Marx, Communist Manifesto, 1848.) http://www.marxists.org/archive/marx/works/1848/communist-manifesto/ch01.htm The proletariat is that class in society which lives entirely from the sale of its […]