Themes: Classical, Enlightenment Social Philosophy and Marxist Sociology

Marx’s economic theory resonates with many people, particularly his theoretical framework of understanding capital: a) value, b) commodities, c) fetishism of commodies, d) private property, and e) labor power.  1) Define and utilize all those terms in writing an essay explaining how the owner “Moneybags” rationalizes paying his workers at the Birmingham Machinery Works.  Make sure you use appropriate quotes from the readings.  2) What does Marxist economic theory say about human nature? (100 Points)

Please do not use any outside sources. I have attached the document you can pull quotations and information from.