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What value does Marxism have in analyzing contemporary inequality?

Titre: What value does Marxism have in analyzing contemporary inequality?

Essai , 2017 , 10 Pages , Note: 2:1

Autor:in: Kaia Smith (Auteur)

Sociologie - Système social et Structure sociale
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(Gramscian) Marxism helps us to uncover the systemic and epistemic conditions that create and reproduce inequalities by critically reflecting on the exploitative mechanisms that govern them and the institutionalized hegemonic power discourses that naturalize exploitation. It is therefore apt to debunk 'trickle-down' as the neoliberal elite narrative that it is and to place the working class individual, and its communal and class self-awareness, at the center of a solution to inequality.

In order to do that, first the exploitative nature of the capitalist mode of production is sketched to attain an economic foundation for a socio-cultural argument and then it is shown that Gramscian cultural hegemony theory offers a more compelling explanation for the persistence of such a capitalist logic premised on exploitation, with no effective resistance by those which are exploited under it.

Extrait


Table of Contents

1. Economic Exploitation

2. Cultural hegemony

Objectives and Research Themes

The essay aims to explore the relevance of (Gramscian) Marxism in understanding modern inequality by investigating the systemic and epistemic mechanisms of capitalist exploitation and the role of cultural hegemony in naturalizing these inequalities for the working class.

  • The exploitative nature of the capitalist mode of production.
  • The persistence of capitalist logic despite resistance failures.
  • Gramsci’s theory of cultural hegemony as a tool for political and social control.
  • The role of mass media and elite ideologies in shaping public perception.
  • The necessity of collective awareness and empowerment for the working class.

Excerpt from the Book

Cultural hegemony

According to Marx, the mode of production determines the character of social, intellectual, and cultural life. Having just discussed how capitalist patterns affect the majority, let us now think about the cultural and power relations behind them. Even with economics as the basis for all other cultural processes (Bourdieu, 1986), contemporary accumulation processes do not require overt exploitation (Savage, 2015). Furthermore, power relations concern the ways in which activities are controlled, not simply the distribution of resources. This leads us to an important and puzzling question: How is this exploitative system tolerated by the majority who may lose out?

Gramsci’s theory of cultural hegemony (1971) provides us an indispensable tool with which to attempt an answer. He views mass culture as an instrument used by the elite class to maintain political and social control through the production of ideological ‘false consciousness.’ Mainly through the media (and other institutions that affect reality perceptions such as schools and organizations), ideological values are disseminated for the reproduction of elite power domination. Their henceforth ubiquity can partially explain the naturalization, or inoculation, of values that are in the interest only of capitalists, to the majority. However, he also ascribes latent power to subaltern groups. If they harness that power and create their own culture, they can assert their dominance and potentially become the cultural hegemon. Thus his approach has Marxist underpinnings, as he advocated a working-class takeover of the capitalist state, but he takes a less deterministic approach to a change in power relations.

Summary of Chapters

Economic Exploitation: This chapter analyzes how capitalism functions through a binary system of exploitation, where the bourgeoisie control the means of production and extract surplus value from the proletariat.

Cultural hegemony: This chapter examines how the elite class uses ideology, media, and cultural institutions to manufacture consent and maintain power, preventing the working class from challenging the status quo.

Keywords

Marxism, Gramscianism, cultural hegemony, exploitation, contemporary inequality, capitalist mode of production, false consciousness, social class, media ownership, neoliberalism, socioeconomic polarization, collective agency, elite ideology, wealth accumulation, subaltern.

Frequently Asked Questions

What is the fundamental focus of this essay?

The essay investigates the value of Marxist and Gramscian theories in analyzing contemporary global inequality and the systemic mechanisms that sustain it.

What are the central thematic areas covered?

The central themes include capitalist economic exploitation, the influence of elite-controlled mass media, the concept of false consciousness, and the role of cultural hegemony in maintaining the status quo.

What is the primary research question?

The primary question asks how an exploitative capitalist system can persist while being contrary to the interests of the majority of the population.

Which theoretical framework is employed?

The author primarily utilizes a Marxist approach, specifically drawing on Gramscian cultural hegemony theory and Wright's definition of exploitation.

What topics are discussed in the main body?

The main body covers the economic mechanics of labor exploitation, the concentration of wealth, the role of media in disseminating elite ideology, and the potential for subaltern groups to reclaim agency.

Which keywords best characterize this work?

Key terms include Marxism, cultural hegemony, exploitation, socioeconomic polarization, and collective awareness.

How does the author define the role of the mass media?

The author argues that mass media functions as an instrument for the elite to disseminate values that favor capital accumulation, thereby institutionalizing capitalist ideology.

What does the author mean by "false consciousness"?

It refers to the state where the working class is inhibited from perceiving the exploitative nature of their economic situation, often due to the pervasive influence of elite narratives.

What is the significance of the "eight billionaires" statistic used in the text?

It is used to highlight the extreme and unprecedented degree of wealth concentration, serving as a catalyst for the author's argument that radical, systemic solutions are necessary.

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Résumé des informations

Titre
What value does Marxism have in analyzing contemporary inequality?
Université
London School of Economics  (International Inequalities Institute)
Note
2:1
Auteur
Kaia Smith (Auteur)
Année de publication
2017
Pages
10
N° de catalogue
V387310
ISBN (ebook)
9783668613928
ISBN (Livre)
9783668613935
Langue
anglais
Sécurité des produits
GRIN Publishing GmbH
Citation du texte
Kaia Smith (Auteur), 2017, What value does Marxism have in analyzing contemporary inequality?, Munich, GRIN Verlag, https://www.grin.com/document/387310
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