ANT100Y1 Lecture Notes - Lecture 20: Economic Miracle, Invisible Hand, Neoliberalism

• School: UTSG
• Department: Anthropology
• Course: ANT100Y1
• Professor: Shawn Lehman

Document Summary

Each economic systems correlates with a different kind of superstructure. A(cid:374) i(cid:374)dia(cid:374) (cid:862)(cid:271)eautiful ka(cid:374)(cid:374)ada brah(cid:373)i(cid:374) (cid:449)eddi(cid:374)g(cid:863) (cid:448)ideo, (cid:373)ade to look boll(cid:455)(cid:449)ood st(cid:455)le. Brahmin is a traditional caste designation in india, that comes from the agricultural period of india. Industrialism: industrial rev began 1760 in england, continues in some (cid:862)e(cid:373)ergi(cid:374)g (cid:373)arkets(cid:863) or developing countries today. Relations of productions: manufacturing, wage labour, unprecedented surpluses. Agriculturalist to industrialism moving from estates (aristocracy, priests, artisans, etc) to class (feudalism to capitalism) Among classes, upward (or downward) mobility is ideally very possible, very difficult. I(cid:374)dustrialists/i(cid:374)(cid:448)estors/(cid:271)a(cid:374)kers = the high (cid:271)ourgeoisie or (cid:862)(cid:272)apitalists(cid:863), the upper (cid:272)lass. They originated among the townsfolk of the agricultural period. The working class, originated among former peasants, the largest class in industrial societies, when they were no longer able to be farmers. (middle is largest in post- industrial society) Superstructures: cities and eventually megalopolis huge cities. Markey ideology you should leave the market to itself because it regulates the economy, creates wealth.