SOCY 122 Lecture Notes - Lecture 17: Progressive Tax, Aggregate Supply, Lean Manufacturing
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SOCY 122 Full Course Notes
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Week 17: economy and society ii: from say to keynes. Power and the logic of collective action: key questions, employer: willingness to pay, employees: willingness to pay and to act. Power and the logic of collective action: employees, power- resources and organization, expand associated, bureaucratic efficiency vs democratic dialogue. State must balance international focus of capital with national interests: employer- labour process- employee relationship is central. Modern capitalism: work discipline through technologies of power and managerial strategies (taylorism, mass production vs lean production. Production and overproduction: marx"s manifesto, massive and colossal production forces than all generations together, commercial crisis, marx"s project, the object is material production, das kapital, production process; circulation process; complete process of capitalist production. Say"s law: capitalist production is the production of wealth through the creation of utilities that have value in the market and thus sold in the market, the creation and sale of utilities in the production of wealth.