SOC 104 Lecture Notes - Lecture 9: State Capitalism, Capital Accumulation, Primitive Accumulation Of Capital
Document Summary
Sociology november 18th lecture notes: work and the economy. It is necessary for the survival of most people. The way in which work is presently organized can be questioned and transformed. The economy is the social institution that ensures the maintenance of society through the production, distribution, and consumption of goods and services. Mode of production (mop): the overall system of economic activity in a given society (shaped by the unique arrangement of productive forces and relations of production): human societies and social relations of production have been changing over time. The ways people organize their productive systems can offer us clues about the organization of social relations in that society. One of the earliest forms of economic organization was: Hunting and gathering societies: general characteristics of hunting and gathering societies were small size, generalized reciprocity, subsistence economy, no accumulation of surplus, minimal exchange, simple division of labor, stateless and no private accumulation of wealth.
