SOC 101 Lecture Notes - Lecture 8: Oligarchy, Social Capital
Document Summary
Creates excessive optimism, and encourages risk taking. Network ties may be weak, but they can be a powerful resource. Privileged networks are a valuable source of social capital . Technology that link people in social activity. Large secondary groups, organized to achieve goals efficiently. Rational model designed to perform complex tasks efficiently (max weber) Max weber"s six elements to promote organizational efficiency. Bureaucratic alienation: potential to dehumanize individuals. Bureaucratic inefficiency and ritualism: preoccupation with rules, interferes with meeting goals. Bureaucratic inertia: perpetuation of the organization. Oligarchy: rule of the many by the few. We are 64th in income inequality in the world. The typical male worker in 1984 earned ,000 while the top % made ,000. Now, 400 people have more than half of the money in the usa. Irs tax data show that 1928 and 2007 are peak years where the top 1% controlled over.
