Review Quesions for EC 105 Midterm 1

For each of the questions below, draw upon relevant readings (text and/or online essays).


 


1.  Explain and compare the ontologies of determinism and overdeterminism by showing how each would go about explaining someone's personality?  What are the consequences of each explanation for the individual's view of his/her identity?  The consequences for how he/she will interpret his/her future action in the world?

2.  How does Marx's concept of class differ from those that are based on property ownership or political power?

3.  How do the slave fundamental class process and the capitalist fundamental class process differ, and how are they alike?  Describe one political and one cultural process that have helped to support a slave fundamental class process (anywhere in history), and one political and one cultural process that have discouraged the slave fundamental class process.  Do the same for the capitalist fundamental class (in the capitalist case, you might think of processes that enable/disable the completion of the circuit of money capital).

4.  Provide a brief post-structural class analysis of the firm Broken Hill Proprietary (or any other commodity producing firm) making sure to give at least one example of its receipt of SV, NCR, DCR, and its payments of DCP, Sum of X payments, Sum of Y payments.  What does this analysis suggest about the essential motivation of a capitalist firm?

5.  How does the theoretical choice between a determinist ontology and an overdeterminist ontology lead Traditional Marxism and Post-Structuralist Marxian Theory, respectively, to different conclusions about 1) the nature of the firm, and 2) the formation of class identity.

6.  How might the capitalist class process play a role in the formation of people's identity?  How might their identity formation, in turn, affect the capitalist class process?

7.  How might the "racialization" of a worker's identity affect the way he/she participates (or is excluded from) the capitalist fundamental class process?  How might racism shape capitalist accumulation? Be sure to explain the cultural definition of racism used in this course.

8.  What is a class process?  Explain the two main aspects of class processes --- fundamental and subsumed --- and show how they are related.  Then, give an example of three different subsumed class processes that enable the capitalist fundamental class process.  For each, briefly note whether you think each example you chose could be categorized most easily as "political," "cultural," or "economic," and why.