ANT100Y1 Lecture Notes - Lecture 9: Invisible Hand, Lower Middle Class, Love Marriage
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ANT100Y1 Full Course Notes
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Document Summary
Each economic system correlates with a different kind of superstructure. Industrial revolution began in 1760 (england: continues in some emerging markets today, means of production include machines and factories. Capitalism and money: capital, anything one owns that can make them wealthier, money, financial capital. In industrial, capitalist society, almost all value can be expressed in money: capital organizes society, an impersonal force. Items exchanged for money and vice versa: liberal, typically on left wring, likes free market, neoliberal, conservatives. In society, gifts cement relationships: receiving a gift entails an obligation and establishes a relationship, market exchange: items are bartered purely for economic value, typical of capitalism. Industrialism: relations of production, class system: agriculturalist society: estates --> industrial society: classes, estate: Inherited status: more independent from economy, class: Inherited, more flexible: ex: being born into a working class family, but being a upper class member. Individualism: market ideology (liberalism, nationalism, love marriage, goes together with individualism, family does not force this.
