SOCIOL 120 Lecture Notes - Lecture 1: Neoliberalism, Price Floor, Putting-Out System
Document Summary
What are social conditions that support that kind of person and interactions (govt and cultural) Concept of place no longer meaningful (web) Place where sellers of a particular good can meet with buyers of that good and service where there is a potential for a transaction to take place. Buyers must have something to offer in exchange for there to be potential transaction. Conveys essential info to all who need it. Incentivizes efficiency of prod and rationality in consumption. Allows for coordination to achieve market goals. Determines who gets how much of any product. Producers want to be efficient to keep down prices to maximize profit to compete vs competitors (forced by price to be efficient) Relative to other things they may need or want) Argument: commodification leads to less connection to the earth. Soviet union = first in line (product accessible to all) Buyers have utilities and want to max them.
