Sociology 1027A/B Lecture Notes - Lecture 3: Trade Union, Aetherius Society, Social Stratification

• School: Western University
• Department: Sociology
• Course: Sociology 1027A/B
• Professor: Gale Cassidy

Document Summary

Both shape life chances and opportunities. e. g. neighbourhoods we grow up in, schools we attend, jobs we get. Capitalism: economic system in which businesses are privately owned and goods are sold on the market for profit. (dictatorship of the bourgeoise) Argued that capitalism is founded on internal tensions that make it unsustainable. Predicted that capitalism and communism (classless society) would be replaced by socialism(a collective ownership of the means of production)-"dictatorship of the proletariat" or a "workers democracy" Classes: groups of people who play different roles in the productive system. 1) the bourgeoisie (capitalists) own the means of production: the proletariat (workers) own their capacity to labour. Both groups depend on each other since capitalist cant have functioning farms without the worker"s and the workers need the capitalists to make wages in order to live. Power differential between the bourgeoisie and the proletariat.