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Class 07 - Chapters 12-14

Reading Marx's Capital (audio)

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The Evolution of Cooperation and Division of Labor under Capitalism

This chapter explores Marx's theory of increasing productivity through cooperation and division of labor in capitalist industries. It discusses the transition of labor becoming completely controlled by capital in factory settings, leading to the integration of workers as components of the capitalist system. The chapter also delves into the fragmentation within the working class, exploring stratifications based on functions within the cooperative apparatus and the social constraints imposed by specialization in the division of labor.

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