UNIT 2 VIDEO: HOW CAPITALISM EXPLOITS US, BY RICHARD WOLFF

EXERCISE 

READ THESE SENTENCES. SOME OF THEM HAVE AN ERROR ACCORDING TO THE VIDEO. WRITE IT DOWN IN YOUR NOTEBOOK.

1. CAPITALISM IS NOT ABOUT BUYING AND SELLING THINGS IN A FREE MARKET ECONOMY.

2. THE CORE OF CAPITALISM IS NOT HAVING AN EMPLOYER AND AN EMPLOYEE

3. IN A SLAVERY SYSTEM: A MASTER HIRES THE SLAVE BECAUSE HE OWNES HIM/HER.

4. IN THE FEUDALISM SYSTEM THERE WAS A SERF AND A LORD. THE SERF DID NOT BELONG ON THE LAND AND DID NOT HAVE OBLIGATIONS TO THE LORD.

5. THE UNIQUE THING ABOUT CAPITALISM IS THE RELATIONSHIP IN PRODUCTION, WHERE SOME PEOPLE ARE DOING ALL THE WORK PRODUCING MORE THAN THEY GET.

6. THAT MORE IS CALLED: THE SURPLUS”.

7. AS A CAPITALIST, MY INTEREST IS TO GIVE THE WORKER THE LEAST POSSIBLE WHILE GETTING THE MOST OUT OF HIM/HER. THAT IS THE SURPLUS.

8. IN CAPITALISM WE DON’T HAVE THE SAME SYSTEM AS WE HAD IN SLAVERY AND FEUDALISM.

9. THE ALTERNATIVE IS WHEN THE WORKERS ARE THE PEOPLE WHO PRODUCE AND GET THE SURPLUS.

10. FOR EXAMPLE A COOPERATIVE, WHERE THE SAME PERSON CAN BE THE EMPLOYER AND THE EMPLOYEE.

11. HOW TO DO IT? WORKERS CAN TAKE THE DECITIONS AS A CAPITALIST.

12. IF WORKERS WERE IN CHARGE THEY WOULD NEVER DISTRIBUTE THE WEALTH MORE DEMOCRATICALLY.

13. WORKERS WOULD POLLUTE THE ENVIRONMENT WHERE THEY REALLY LIVE.

14. LET EVERY WORKER DOES HALF OF HIS/HER JOB, WORKING 4 HOURS INSTEAD OF 8 HOURS.