Sociology 101 Homework Assignment #3

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answer the following questions in full sentences (either handwritten or typed is fine). Your answers should be 2-6 sentences, depending on the question. Include page numbers in your responses so that you can refer back to the reading during the discussion. In Chapter 23, what are Marx’s main points about the relationship between the capitalist class and the working class? Marx (1867/1990, page 724) wrote that “The capitalist process of production…produces and reproduces the capital-relation itself; on the one side the capitalist, on the other the wage-laborer.” Interpret this quote. What is centralization of capital, and what are the two main ways it can occur? What is the surplus population? How is it important for capitalist accumulation? Marx (1867/1906, page 799) wrote that, “Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery, the torment of labor, slavery, ignorance, brutalization and moral degradation at the opposite pole.” What does this quote mean? (Note: Here, Marx doesn’t mean slavery in a literal sense). Review your notes on The Communist Manifesto (Marx and Engels 1848/1978). How has Marx’s (1867/1906) argument in Capital, Volume 1, built on or modified his earlier claims about capitalism?

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