Class Notes (836,512)
Canada (509,846)
Sociology (1,061)
SOCI 1002 (204)
Lecture

Lecture 5: Work, Consumption, and Poverty in Global Consumption

6 Pages
55 Views
Unlock Document

Department
Sociology
Course
SOCI 1002
Professor
Tamy Superle
Semester
Winter

Description
Lecture 5: Work, Consumption, and Poverty in Global Capitalism Work  Definition: activity involving mental/physical effort done in order to achieve a result; a task or tasks to be undertaken  Work occupies a central role in our lives The Nature of Work  Work remains central to our existence o It’s necessary for survival of most people  Work is a social product o The way in which work is presently organized is not inevitable. It can be questioned and transformed.  People seek meaning in their work o Quality, not quantity o Central to our identity Economy  The social institution in which people carry out the production, distribution, and consumption of goods and services Industrialization  Factory system of production facilitated capitalist production, shaping the way people worked and lived o Movement of work from homes and workshops to factories o Time discipline o More specialized division of labour o Departure of men from homes and families Capitalism  World’s dominant economic system; two distinctive features: o Private ownership of property o Competition in pursuit of profit  Pay the least amount in wages to make the most amount of money in profit Democratic Socialism  Several prosperous and highly industrialized countries in northwestern Europe, such as Sweden, Denmark, and Norway, are democratic social societies; two distinctive features: o Public ownership of certain basic industries o Substantial government intervention in the market Consumerism  Economic policies placing emphasis on consumption  Encouraging the buying consumer goods Can Money Buy Happiness?  One research project argues that because wealth allows people to experience the best that life has to offer, it ultimately undermines their ability to savour life’s little pleasures  As people earn more money, their day-to-day happiness rises. Until you hit $75, 000; after that, people show no gain of happiness Global Financial Crisis  Considered by many economists to be the worst financial crisis since the Great Depression  It resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world and a global economic recession in 2008  Consequences: evictions and foreclosures, joblessness, cuts in social spending Post-Industrial Economy  A productive system based on service work and extensive use of information technology  Information revolution  Computer technology central to the shift from industrial to post-industrial The Service Sector  Rise linked to development of information based society and the rise of a strong consumer culture  Wide range of jobs  Polarization of work “Good” Jobs  Pay well  Not closely supervised and encourage creativity  Pleasant working environment  Require higher education  Secure employment  Good benefits and promotion opportunities “Bad” Jobs  Don’t pay much  Routine tasks under close supervision  Unpleasant working conditions, sometimes dangerous  Require little formal education  Insecure employment  Few benefits and advancement opportunities Primary Labour Market  Comprises mainly highly skilled or well-educated white males, who are employed in large corporations that enjoy high levels of capital investment  Employment is secure  Earnings are high  Fringe benefits are generous Secondary Labour Market  Contains disproportionately large number of women and members of ethnic minorities, particularly recent immigrants  Employees in secondary labour market tend to be unskilled and lack higher education  Employment is insecure, earnings are low, and fringe benefits are meager Part-time Work  In 2007, 19.4% of all people in Canadian labour force were part-timers, working fewer than 30 hours a week o Among men, figure was 12.1%; among women was 27.3%  Growth of part-time jobs is not problematic for voluntary part-time workers or people who have good part-time jobs  Increasingly, large number of people depend on low-paid, low-status, insecure part- time work for necessities of full-time living Flexible Work  Numerical Flexibility o Shrinking of core workforce (permanent, full-time) and by non-standard (contingent) employment (part-time/ seasonal, contracted, self-employed) o Employment relationship is tenuous  Flexible Specialization (Functional) o Involves multi-skilling, job rotation, organization of workers into teams for purposes of changing production Unemployment  The unemployment rate in 2010 as 8%, second highest since the end of the 1990s
More Less

Related notes for SOCI 1002

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit