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This lesson examines the fundamental division within socialism between revolutionary socialism (Marx) and evolutionary socialism (social democracy and the Third Way).
1. Historical Materialism: The economic structure determines political and cultural institutions. History progresses through stages: feudalism to capitalism to socialism to communism. Each transition occurs through revolution.
2. Exploitation and Surplus Value: Workers produce more value than they receive in wages. The difference — surplus value — is taken as profit. Exploitation is structural, not individual.
Marx: "Capital is dead labour, which, vampire-like, lives only by sucking living labour."
3. Class Consciousness and Revolution: The working class will develop awareness of exploitation and collectively overthrow capitalism, establishing a dictatorship of the proletariat.
4. Communism: The end goal — no private ownership, no classes, no state. Distribution: "From each according to his ability, to each according to his needs."
Social democracy accepted Marx's critique of capitalism's injustices but rejected violent revolution. Socialism could be achieved gradually, peacefully, and democratically.
Key figures: Eduard Bernstein (revisionism — parliamentary reform), The Fabian Society (Sidney and Beatrice Webb — gradual reform through education and legislation).
Anthony Crosland (1918-1977), The Future of Socialism (1956):
Anthony Giddens (b. 1938), The Third Way (1998). Influenced Tony Blair and New Labour.
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