SOSC 2330 Lecture 1: SOSC 2330 Lecture 1 Notes.docx

• School: York University
• Department: Social Science
• Course: SOSC 2330
• Professor: Sonya Scott

Document Summary

Ideology and power (karl marx: economics / political economy, jurisprudence, property (john locke, markets (adam smith, the good society" (john stuart mill) 6: liberty (friedrich hayek, economic analysis of law, homo economicus, robinson crusoe, the legal subject, formal equality. What is economics: a mainstream (neoclassical) response today would be: the study of how society allocates scarce resources . Political economy: political economy predates the emergence of economics as a science. It deals with the political realm (the state), the private realm (the individual or household), and the interrelations between them. One can think about political economy as the study of the social relations, particularly the power relations, that mutually constitute the production, distribution, and consumption of resources (vincent mosco, 2009). Broadly speaking, jurisprudence is the study and theory of law. It seeks to understand: the philosophical and ethical aspects of law, the social and historical contexts of law. We will explore the relationship through 5 important categories: property, markets.