Marx's Usage of the Term 'Class'

The speaker discusses Marx's conceptualization of 'class' and its various meanings in different contexts. They delve into the distinctive characteristics and ownership structures of the capitalist, working, and land-owning classes, as well as the debates surrounding the importance of the land-owning class. The chapter also explores the historical context and relative power of the land-owning class, examining its role in capitalist production and the reproduction of labor.