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Views and theories on social class  

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In Volume III of capital, Marx dedicated a chapter to social class however, it was never finished (McLellan, 2000). Like most terms Marx used class in quite a liberal and perhaps loose manner. It is, however, possible to extract a definition of the concept of class from his writings. According to Marx, social class are groupings of social agents, defined principally but not exclusively by their place in the production process, ie: in the economic sphere. (Nicos Poulantzas, 1975). In other words, class is determined by its relationship to the means of production. By this what is meant is that a class is determined by its ownership or non-ownership of means of production, that is, of raw materials, factories and land. Although in Marx' theory there were two main classes in society, which were the Bourgeoisie (or capitalists) who are the owners of capital, purchasing and exploiting labour power, using surplus value from...

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