SOSC 1340 Lecture Notes - Lecture 5: Documentary Educational Resources, Robert Heilbroner, Dominate

• School: York University
• Department: Social Science
• Course: SOSC 1340
• Professor: John Simoulidis

Document Summary

Robert heilbroner (1919-2005: son of a wealthy new york garment merchant, worked as a banker before going into academics, the worldly philosophers (1953, the making of economic society (1962, with wm milberg) Twenty first century capitalism: capitalism is the name of the economic system that dominates the world today (page 3, the book is a response to the questions: Will it dominate the world in the 21st century. What would life be like if the (cid:862)capitalis(cid:373) was no lo(cid:374)ger the orga(cid:374)izi(cid:374)g pri(cid:374)(cid:272)iples of. What is the economic problem: to effectively promote the material well-being of society a number of conditions must be met: Effective distribution of goods (supply: heilbroner identifies 3 historical solutions. Educational resources 1988: heil(cid:271)ro(cid:374)er uses this e(cid:454)a(cid:373)ple to e(cid:454)plai(cid:374) to e(cid:454)plai(cid:374) ho(cid:449) traditio(cid:374) o(cid:272)ieties ol(cid:448)e (cid:862)the. E(cid:272)o(cid:374)o(cid:373)i(cid:272) pro(cid:271)le(cid:373)(cid:863) a(cid:374)d to ho(cid:449) ho(cid:449) tra(cid:374)ge the market (cid:455)ste(cid:373) would be to the(cid:373) Solution 1 tradition: the basic notion of tradition: Do things as they were done in the past.