The theory that history is driven by broad change and not individuals. Economic factors are beyond human interference. Changing economics drive political & social change.
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Surplus Value
Profit. E.g someone makes a fridge worth £200 but only gets paid, by his employer, £100. The other £100 goes to the bourgeoisie for doing nothing.
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Formal Equality
Equality before the law. Right to a fair trial, etc.
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Equality of Opportunity
Everyone is entitled to equal life chances. Eliminating racial, sexual discrimination etc.
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Equality of Outcome
Rewards would be based on the value of each person's contribution
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Absolute Equality
Everyone gets the same, regardless of their contribution, as long as they have performed to the best of their ability - Higher stage Marxism & Anarcho-Communism would utilise this
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Equality of Welfare
Does not address inequality but provides a minimum standard of living.
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Other cards in this set
Card 2
Front
Profit. E.g someone makes a fridge worth £200 but only gets paid, by his employer, £100. The other £100 goes to the bourgeoisie for doing nothing.
Back
Surplus Value
Card 3
Front
Equality before the law. Right to a fair trial, etc.
Back
Card 4
Front
Everyone is entitled to equal life chances. Eliminating racial, sexual discrimination etc.
Back
Card 5
Front
Rewards would be based on the value of each person's contribution
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