SOCI 1002H Lecture Notes - Lecture 4: Social Exclusion, Hot Tub, Shift Work

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Capitalism as a system of social relationships that are defined by our labout: what work we do and for how much. Yet power and self worth is also defined by status: occupational prestige, leisure activities, appearance. Social relations more complex than labour performed. Socio-economic status more accurate measure: life chances/political influence/ social prestige. Large middle class: result of unions and access to credit. The good life (1950-1970s: golden age of capitalism. Statuses are assumed to be signs of class: cars, clothing, vacations, suntans. Status hides structural inequality and assumes a classless society. Capitalism as a system of social relationships that are defined by our labour: what work we do and for how much. Yet power and self-worth is also defined by status: occupational prestige, leisure activities, appearance. In summary bigger income gaps lead to deteriorations in: Global social inequality data shows: social inequality is not a significant problem in the 21st century, particularly in the united.

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