Capital
(generally) Anything which is used to procure or extract surplus value. Capital is not a static definition, but rather constitutes an economic
Tag: basic terms
Capitalist
Another word for an “owner,” that is, a member of the bourgeoisie; i.e., someone who owns capital but does not support themselves
Class
A social class is, broadly speaking, a group of individuals who share material interests based on their relation to the means of
Class dictatorship
(see also, state) This is the term used to describe the situation wherein a single class obtains and maintains control over
Commodity
Any product made with the intention of exchanging it to realize surplus value, rather than made for use (use value). Commodity production