SOCI 1002 Lecture : Work, Consumption and Poverty in Global Capitalism.docx

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Document Summary

Generation y (1980"s to 2000) is the first generation that is like to end up worse financially than their parents. Activity involving mental or physical effort done in order to achieve a result; a task, or tasks to be undertaken. Work occupies a central role in our lives. Work is a social construct the way in which work is presently organized is not inevitable. The social institution in which people carry out the production, distribution, and consumption of goods and services. Factory system of production facilitated capitalist production, shaping the way people worked and lived. Movement of work from homes and workshops to factories. Departure of men from homes and families. 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 litte pleasures. As people earn money, their day to day happiness increases along with increase monetary gain, until we reach 75,000.

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