SOC101Y1 Lecture Notes - Feudalism, Scientific Management, Ideal Type
Document Summary
Assembly lines, easily notice if someone is not working --> surveillance of workers. Industrializaiton > process of accumulating and processing society resources. Capitalism > small number of ppl= capitalist, own and control the process of creating goods/modes of production and the majority of people who work for capitalists to work for a wage. >the accumulationand processing of raw materials through a system whereby a small number of people own and control the process of creating goods and services and the majority of peopl work for them for a wage. Socialism: where everybody owns the modes/means of production. Feudalism > pre-capitalist economy: wage-labour rare - idea of selling one"s labour work for a wage. Mercantile capitalistm (1500s) > wealth fueled the growth of industrial capitalism- allowed for the accumulation of wealth needed to invest in industrial technology. >the prosperity of a nation is based on trade > gold!!
