SOCI 1001 Lecture Notes - Lecture 11: Profit Maximization, Conspicuous Consumption, Planned Obsolescence

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Our culture is intrinsically tied to our socio-economic formation (capitalism) Catholic church prevalent when capitalism was starting out (talking about the market and material items was seen as crass; lending money was a sin) Protestantism emerged weber talks about the work ethic; sacrificing yourself; slothfulness was a sin. People rely on each other to survive & fulfill human needs. People are obsessed w/ privacy (good & bad implications) *culture informs the way we perceive the world. Our relationships as individuals w/ the social world. Our relationships w/ each other within the social world. Industrialization: process of economic and social change which shifts the centers of economic activity onto the focus of work, wages and incomes (e. g. using machinery for goods & services) Urbanization: population shift from rural to urban areas and the ways in which each society adapts to the change. Globalization: process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.

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