SOCI 331 Lecture Notes - Lecture 5: Radical Change, Binocular Disparity, Wage Labour
14 Oct 2017
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What is capitalism: economic enterprise and a type of society economist would just say economic enterprise, marx say it is an economic enterprise and a type of society, as an economic enterprise two essential elements: Capital (any asset to secure further assets/money, the means that make production possible) Peasant forced out of their town, into the city, selling their labor to the market in exchange for wages: a type of society, a class society that is based on relationship between capital and wage labor. Class relations of conflicts/struggle always benefit the capitalist. Link economic organization to the other institutions of society. Sociology of capitalism= analysis of class structure. Property: is legal right over some material object (enforced by the state, every society has a distinct form of economic production, distinct form of property, distinct system of classes. A theatri(cid:272)al (cid:272)o(cid:374)stru(cid:272)t (movement from feudalism to capitalist: 3 complicating groups (groups that suggest there are not 2 classes)
