THE COMMUNIST MANIFESTO SUMMARY | Karl Marx & Friedrich Engels explained with quotes

00:13:25
https://www.youtube.com/watch?v=FRQeZe2makI

Summary

TLDRThe video discusses the Communist Manifesto, written by Karl Marx and Friedrich Engels in 1847, in which they define socialism and communism amidst an industrial capitalist society. It delves into historical materialism, Marx's theory that societal change is driven by class struggle over material interests. Marx and Engels detail the rise of capitalism from feudal arrangements led by the bourgeoisie, emphasizing the eventual conflict between productive forces and capitalist constraints. They propose that the working class can initiate a transition to communism through collective ownership and democratic control of production means. Ultimately, a classless society with equal access to resources is seen as the future's potential under communism.

Takeaways

  • 📝 Marx and Engels wrote the Communist Manifesto to define socialism and communism.
  • ⚙️ Historical materialism explains societal change through class struggles over production means.
  • 📈 Capitalism rose from the bourgeoisie in feudal societies through trade and commerce.
  • ⚔️ Class struggles in capitalism involve opposing interests between capitalists and workers.
  • 🔄 The working class is key to achieving communism by pursuing collective ownership.
  • 🏛️ Transitioning to socialism involves overthrowing the capitalist class and democratizing production.
  • 💡 Innovations in capitalism can threaten profits, prompting monopolistic practices.
  • ⚖️ A classless society is the ultimate goal of communism, based on shared production ownership.
  • 🔄 Economic crises highlight the limits of capitalist production relations.
  • 🌍 A higher phase of communism envisions a world where resources are distributed by need.

Timeline

  • 00:00:00 - 00:05:00

    The video begins by discussing the context in which the Communist Manifesto was written by Karl Marx and Friedrich Engels in 1847, during a time when socialism and communism were not well-defined and the society was grappling with problems from capitalism. Marx and Engels aimed to define these terms with a focus on class struggle as the driving force of societal change, known as historical materialism. This theory highlights that societal evolution is dictated by material conflicts between different classes that relate to the means of production, which are essential for societal existence.

  • 00:05:00 - 00:13:25

    The video continues to explain how historical materialism describes the transition from feudalism to capitalism. It looks at how the development of the bourgeoisie and their needs created a conflict with feudal structures, leading to revolutionary changes like the French Revolution, which established capitalist relations. It further examines how capitalist production for private profit leads to an inherent contradiction, where innovation eventually restricts growth due to the pursuit of profit. Communism is described as a societal structure where the working class abolishes private ownership of production means, creating a classless society with common ownership. This transformation could potentially lead to a higher phase of communism characterized by mutual cooperation and shared resources.

Mind Map

Video Q&A

  • What is the main focus of the Communist Manifesto?

    The Communist Manifesto focuses on defining socialism and communism, analyzing class struggles, and advocating for a classless society.

  • Why did Marx and Engels write the Communist Manifesto?

    Marx and Engels wrote the Communist Manifesto to clearly define socialism and communism and to explore how societies change and what comes after capitalism.

  • What is historical materialism?

    Historical materialism is the theory that society's history is propelled by class struggles over material interests linked to production means.

  • How did capitalism develop according to Marx and Engels?

    Capitalism developed from the bourgeoisie, who were town dwellers in feudal societies that engaged in commerce and trade, eventually investing in industry and production.

  • What are the capitalist relations of production?

    Capitalist relations of production involve private ownership of production means, with capitalists profiting from the labor of workers who do not own these means.

  • How are innovations perceived in a capitalist society?

    Innovations in a capitalist society can eventually threaten capitalists' profits, leading to monopolization and restrictions on productivity to maintain profit margins.

  • What is the role of the working class in achieving communism?

    The working class is vital in achieving communism as they aim to abolish private ownership and establish common ownership of production means to eliminate class disparities.

  • What will the transition to a socialist state involve according to the video?

    Transitioning to socialism will involve overthrowing the capitalist class and establishing a worker's state for democratic control over production means and utilizing productive power to raise living standards.

  • What are the differences between lower and higher phases of communism in Marx's theory?

    The lower phase of communism involves democratic control over production and raising living standards, while the higher phase focuses on abundance and resource distribution by need, eventually dispensing with the state.

  • What is the ultimate goal of communism?

    The ultimate goal of communism is to create a classless society where production means are owned collectively and resources are distributed based on need and ability.

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  • 00:00:00
    hey Spectre is haunting Europe the
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    specter of communism
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    [Music]
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    if we're gonna summarize the Communist
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    Manifesto it's important we briefly
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    cover the context in which the communist
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    manifesto was written in 1847 when Karl
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    Marx and Friedrich Engels wrote the
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    piece socialism and communism were not
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    clearly defined concepts everyone had
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    their own eclectic ideas about what
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    these terms meant all trying to address
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    the problems which had been produced by
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    a fully blooming capitalist society
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    problems were still dealing with today
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    the only thing that was commonly
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    understood by these terms was something
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    beyond the present state of things and
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    for people in high society at the time
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    whose wealth and property owed its
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    existence to the present state of things
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    socialism and communism were vague and
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    threatening concepts especially
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    communism which had developed a strong
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    association with the working-class
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    emerging at the time who owned nothing
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    and had no strong ties to the current
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    order now what Karl Marx and Friedrich
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    Engels set out to do in the communist
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    manifesto was to properly define what
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    that something beyond the present state
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    of things meant and they do something
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    very interesting as opposed to laying
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    out grand principles of eternal truth
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    and universal morality upon which the
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    future society shall be constructed Marx
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    and Engels point out that to accurately
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    understand what can come next you need
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    to understand how and why human
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    societies change and understand the
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    material conditions that exist right now
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    and although both Marx and angles use
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    the terms socialism and communism
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    interchangeably to refer to a society
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    beyond capitalism they adopt the label
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    communism specifically because of its
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    unique association with the working
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    class who as we'll come to see are
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    absolutely key to understanding and
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    achieving a post-capitalist society the
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    working class is key to understanding
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    what communism is and how to achieve it
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    the history of all hitherto existing
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    society is the history of class struggle
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    this is their theory of how human
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    societies change known as historical
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    materialism the history of human
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    societies is propelled by the conflict
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    of material interests between the
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    classes and this whole first section is
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    dedicated to tracing history using a
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    historical materialist approach so we
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    have to understand historical
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    materialism if the section is going to
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    make any sense
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    historical materialism starts from the
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    fact that for societies to exist they
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    need to be able to produce things the
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    necessities of life like food and
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    shelter without production there is no
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    society the things we use to produce
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    things which would include things like
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    tools land minerals machinery are known
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    as the means of production how people
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    relate to the means of production gives
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    us their class position and with that
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    their objective material interests a
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    farmer whose relation to the land and
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    tools his ownership is going to have an
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    objective material interest in good
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    weather good crop yields minimal wear on
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    tools etc now let's say there's a lord
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    who actually owns the land and tools and
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    in exchange for allowing the farmers to
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    farm safely on his land the Lord takes a
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    portion of the crop yields it is in the
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    material interest of the Lord to take as
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    much of the yield as possible while the
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    material interest of the farmers is to
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    keep as much of the yield as possible
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    here we have an irreconcilable conflict
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    of material interests between the
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    classes our culture's laws moralities
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    ideologies religions Wars coos
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    revolutions and so on are all products
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    in the final analysis of our societies
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    classes and their struggles to advance
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    their material interests struggles
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    between different classes and struggles
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    between different factions of the same
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    class who hold particular material
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    interests that can come into conflict
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    with one another the conflict of
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    material interests between the Lord and
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    farmers oppressor and oppressed has no
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    resolution under the current order a
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    fight that each time ended either in a
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    revolutionary reconstitution of society
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    at large or in the common ruin of the
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    contending classes so the oppressing
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    class struggles to hold together this
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    relationship of exploitation for as long
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    as possible
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    but the struggle can only end in one of
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    two ways either the oppressed succeeds
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    in overthrowing the oppressors and
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    establishing a new order that advances
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    and enshrines of their material
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    interests or both competing classes are
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    brought to ruin somehow marks and angles
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    then turn to the transition from
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    feudalism to capitalism using a
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    historical materialist approach in
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    feudal society as with previous
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    societies we have a complicated
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    arrangement of many different classes
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    but it's from a
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    small class of town dwellers that the
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    modern capitalist class develops from
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    also known as the bourgeoisie these town
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    dwellers made their living from commerce
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    and trade using their modestly accrued
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    wealth to generate more they had a keen
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    material interest in developing
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    navigational knowledge the study of
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    Commerce shipbuilding bookkeeping and so
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    on
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    the discovery of America and foreign
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    conquests opened up new lucrative goods
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    to these town dwellers spurring an even
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    more intense interest in developing the
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    means of exchange navigation
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    communication and transportation in the
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    search to yield more wealth from amassed
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    fortunes these merchants begin to take
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    over industry itself investing in
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    socialized workshops and the development
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    of the instruments of production out
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    competing traditional individual
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    artisans due to the superior efficiency
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    of socialized production as the
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    instruments of production developed with
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    the development of the bourgeoisie they
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    began to come into conflict with the
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    existing relations of production in
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    feudal society basically property laws
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    and into conflict with the aristocracy
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    who had a material interest in
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    maintaining these feudal relations of
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    production for example it convoluted an
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    arbitrary feudal judicial system
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    although great for local Lords who
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    enjoyed special privileges and control
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    over local laws hamstrung trade for the
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    bourgeoisie and a myriad of internal
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    tariffs borders although great for local
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    lords inflated prices for the
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    bourgeoisie not only this but much of
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    the population were still peasants and
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    if the bourgeoisie wanted to continue
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    producing cheaper and cheaper
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    commodities the supply of labour had to
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    be increased which meant the traditional
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    peasant lore relationship had to be
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    disrupted here we have the productive
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    power of society society's forces of
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    productions that have been developed to
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    a point where they are now held back and
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    cramped by the relations of production
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    we have a reactionary class whose
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    interest is to maintain the current
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    order for as long as possible despite it
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    holding back production and we have a
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    revolutionary class who has a material
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    interest in fully utilizing the forces
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    of production a material interest in
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    abolishing the current order and
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    carrying out a revolutionary
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    reconstitution of
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    the English revolution and most famously
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    the French Revolution were such
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    reconstitution of society by the
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    bourgeoisie seizing political power from
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    the aristocracy to abolish feudal
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    relations and to enshrine capitalist
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    relations of production what are the
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    capitalist relations of production
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    anyways capitalists are those who
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    privately-owned and control the means of
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    production they hire others to work on
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    these means to produce products for a
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    market to make a profit workers also
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    known as the proletariat do not own the
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    means of production they've worked for a
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    wage to live workers generate the value
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    and the capitalist seeks to take as much
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    of the value as possible paying the
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    worker as little as possible the worker
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    seeks to keep as much of the value they
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    generate in seeking higher wages these
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    are two diametrically opposed material
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    interests in which there is no
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    resolution under capitalism now the
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    capitalists as we've seen have played an
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    incredibly revolutionary role in history
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    they've socialized production tying all
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    corners of the world together in a
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    global web of Industry and consumption
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    and they've revolutionized the
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    instruments of production creating tools
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    and machinery capable of producing far
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    beyond the necessary requirement to
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    sustain society with extreme efficiency
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    through relatively simple operations but
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    just as the forces of production were
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    hampered by the feudal relations of
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    production once before now to the
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    productive forces in capitalist society
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    have developed to a point where they are
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    constricted by the capitalist relations
  • 00:08:20
    of production the productive power of
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    society is now being held back by the
  • 00:08:25
    capitalist order and I'll show you what
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    I mean by this under capitalism
  • 00:08:29
    production is carried out for private
  • 00:08:31
    profit as products are produced more and
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    more efficiently their cost Falls and
  • 00:08:36
    can be sold cheaper to steel buyers from
  • 00:08:39
    other competing capitalists
  • 00:08:41
    unfortunately as competing capitalists
  • 00:08:43
    catch up and manage to sell their
  • 00:08:45
    products at this cheaper price the
  • 00:08:48
    profit rate has fallen and there is a
  • 00:08:50
    scramble to lower costs again innovation
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    now becomes the enemy of the capitalist
  • 00:08:56
    in the long run to fight back against
  • 00:08:58
    this tendency of the rate of profit to
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    fall
  • 00:09:01
    Buddhists can monopolize markets
  • 00:09:03
    artificially restricting supply and
  • 00:09:05
    hiking prices well above their cost
  • 00:09:07
    completely putting to waste the
  • 00:09:09
    productivity of society they can also
  • 00:09:12
    monopolize intellectual rights holding
  • 00:09:14
    back the general adoption of innovative
  • 00:09:16
    technology but none of this really
  • 00:09:18
    matters when the vast majority of
  • 00:09:19
    workers don't have the money to buy the
  • 00:09:21
    products every capitalist seeks to lower
  • 00:09:23
    labor costs as much as possible but
  • 00:09:26
    still wants buyers debt and the hyper
  • 00:09:28
    exploitation of the global south can
  • 00:09:31
    help bridge this contradiction but it's
  • 00:09:33
    not particularly stable as productive
  • 00:09:35
    industries become less and less of an
  • 00:09:37
    attractive investment due to their slim
  • 00:09:39
    or turn rights capitalists increasingly
  • 00:09:42
    swarm to invest in unproductive
  • 00:09:44
    financial markets and speculative
  • 00:09:45
    bubbles resources wasted in these
  • 00:09:48
    financial schemes and bubbles are
  • 00:09:50
    resources that could have been invested
  • 00:09:52
    to further technological development
  • 00:09:53
    when the speculative bubbles
  • 00:09:55
    periodically pop and capitalists no
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    longer see profit to be made capital
  • 00:10:00
    society falls into economic crisis in
  • 00:10:03
    these crises a great part not only of
  • 00:10:05
    the existing products but also of the
  • 00:10:08
    previously created productive forces are
  • 00:10:10
    periodically destroyed the most vulgar
  • 00:10:13
    expression of the capitalist relations
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    of production holding back and
  • 00:10:17
    conflicting with the forces of
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    production but not only has the
  • 00:10:21
    bourgeoisie forged the weapons that
  • 00:10:23
    bring death to itself it has called into
  • 00:10:26
    existence the men who are to wield those
  • 00:10:28
    weapons all previous classes out
  • 00:10:31
    competed by capitalists and those
  • 00:10:33
    classes deprived of their means of
  • 00:10:35
    subsistence have sunk into the ranks of
  • 00:10:37
    the working class this continuously
  • 00:10:39
    growing propertyless class now
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    constitutes the overwhelming majority of
  • 00:10:44
    capitalist society having used a
  • 00:10:46
    historical materialist analysis we can
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    now understand what communism is it is
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    in the working classes material interest
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    to abolish private ownership over the
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    means of production putting an end to
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    the private appropriation of the
  • 00:10:57
    generated value and to establish common
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    ownership of these productive
  • 00:11:01
    instruments and resources such that the
  • 00:11:03
    surplus value generated by the workers
  • 00:11:05
    is owned and controlled by the workers
  • 00:11:07
    everyone's relation to the means of
  • 00:11:09
    production will be equal and thus
  • 00:11:11
    everyone's material interests will be
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    the same a classless
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    society is possible this will require
  • 00:11:17
    the political overthrow of the
  • 00:11:18
    capitalist class and the establishment
  • 00:11:20
    of a worker state in which the
  • 00:11:22
    instruments of production and society's
  • 00:11:24
    resources are put under the Democratic
  • 00:11:26
    control of the working people and
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    capitalist resistance is put down
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    following the democratization of the
  • 00:11:32
    economy the full productive power of
  • 00:11:34
    society will be utilized and put towards
  • 00:11:36
    raising the standard of living for all
  • 00:11:38
    workers can be paid proportionately to
  • 00:11:41
    the labor they contribute the more one
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    works the more ones paid a necessary
  • 00:11:46
    portion of the total surplus value
  • 00:11:47
    generated will be dedicated towards
  • 00:11:49
    administrative costs social programs
  • 00:11:52
    repair and most importantly towards
  • 00:11:55
    research and development fostering the
  • 00:11:57
    further advancement of the forces of
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    production as the working classes one by
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    one settle matters with their national
  • 00:12:03
    bourgeoisie the working classes may
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    unite internationally unifying the
  • 00:12:08
    productive power of the entire globe at
  • 00:12:10
    a certain point of development when the
  • 00:12:12
    forces of production have become so
  • 00:12:14
    efficient and so ubiquitous human
  • 00:12:17
    society may enter a higher phase of
  • 00:12:19
    communism in which everyone does the
  • 00:12:22
    work they can and takes what they need
  • 00:12:24
    from each according to their ability to
  • 00:12:26
    each according to their need a decrepit
  • 00:12:28
    and feeble States long with no
  • 00:12:31
    antagonists to class suppress and no
  • 00:12:33
    longer having to enforce to each
  • 00:12:35
    according to their contribution can
  • 00:12:37
    complete its total withering away but
  • 00:12:39
    this higher phase of communism is not
  • 00:12:41
    possible without that initial period of
  • 00:12:43
    development the lower phase of communism
  • 00:12:46
    now the rest of the manifesto is a bit
  • 00:12:48
    more historically specific to Marx and
  • 00:12:50
    Engels time so we won't delve anew here
  • 00:12:52
    but luckily we've covered the important
  • 00:12:53
    bits namely historical materialism
  • 00:12:56
    although the communist manifesto is the
  • 00:12:58
    most widely known marxist text it's not
  • 00:13:00
    a particularly good place to start if
  • 00:13:02
    you're looking to get into Marxism for
  • 00:13:03
    that I'd suggest reading socialism
  • 00:13:05
    scientific and utopian as well as wage
  • 00:13:07
    labour and capital thank you to my
  • 00:13:09
    patrons who've chosen to support me if
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    you want to join these radicals you can
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    do so for as little as $1 a month
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Tags
  • Communist Manifesto
  • Marxism
  • Historical materialism
  • Capitalism
  • Class struggle
  • Bourgeoisie
  • Proletariat
  • Socialism
  • Revolution
  • Communism