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Mechanisms of Production

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Mechanisms of Production

Mechanisms of Production are the social and property ties that people form with one another during the production process.[1]

Concept Map

Key Terms

Regime of Accumulation >

Components Regime of Accumulation >

Mode of Production >

Mechanisms of Production >

Syncretic Terms

Mechanisms of Production >

Related LP Terms

Mechanisms of Production >

Non-LP Related Terms

Mechanisms of Production >

Notes

  • Division of Labor: How specific tasks are split among different workers and roles, ranging from the technical division of tasks to the social division of labour between classes.[2]
  • Coordination Systems: The methods used to manage work, such as market competition, credit systems, state planning, or corporate hierarchies.
  • Technological Change: The evolving methods and innovations that shift how efficiently a society produces its needs, often displacing labour and intensifying extraction

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Footnotes

  1. Marx, Capital, Vol. I (1867).
  2. Marx, Capital, Vol. I (1867).