SOC 3312 Lecture Notes - Lecture 11: Social Capital, Gie, Unequal Exchange

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Born in vienna, because of the second world war went to the us, got all his degrees there. What is his contribution and who inspired him: humans are involved permanently in a system of social relations shaped by exchange, the making of social institutions results from the exchange that people initiate in society. Association (collaboration) we do this because we want to move forward for the betterment of the whole group. In a context of exchange power manifests differently. In the framework of this interaction one is in a position to provide reward, whereas the other is not. So the one who has power can provide a reward. E. g. the example of relationship between parents and children (exchange happens because the parents have the power to provide a reward) This power exchange can be characterized as an unequal exchange system.

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