Economic system in which interests of the bosses and the workers are in conflict.
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Bourgeoisie/Capitalists
The owners of the means of production (bosses).
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Proletariat
The workers.
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Ruling Class
Also called the bourgeoisie. They own the means of production, they are very powerful and also control the laws, media etc.
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Ideology
Ideas of the ruling class that dominate society.
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Meritocracy
Idea that people who work hard can succeed.
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False Consciousness
Idea that the proletariat are hoodwinked into thinking that life in a capitalist society is fair.
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Oppositional subcultures
Some Marxists (Hall & Jefferson) believe that subcultures which are opposed to the capitalist system can exist within it. For example youth subcultures.
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