Relations of Production
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Relations of Production
Relations of Production are the social and property ties that people form with one another during the production process.[1]
Concept Map
Key Terms
Components Regime of Accumulation >
Syncretic Terms
Related LP Terms
Non-LP Related Terms
Notes
- Ownership: Who legally owns the factories, land, and tools—whether private owners, shareholders, the state, or communal collectives.
- Power Dynamics: How owners, managers, and workers interact and control the work environment, including the authority to hire, fire, and set conditions of employment.
- Class Division: The social split between those who own the resources and accumulate and those who only sell their labour, constituting the fundamental antagonism of capitalist society.
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Footnotes
- ↑ Marx, Capital, Vol. I (1867).
