Basic characteristics of capitalism: most work is performed by people who do not own company, nor do they own what they produce. Economic systems: how profit shifts how and why things are produced, production under capitalism is for profit from privately owned companies (stock market, individually owned, publicly owned oil companies outside canada, cbc, petro can, canada post, 200,000 each year suffer from some kind of homelessness: as things get privatized they grow in capitalism (petro can, air canada, ex. Work under capitalism: wages for housework in 1970s argued women should get paid for housework, all conditions are determined by historical development (based on gender, class & race, women make a third less than men on average. Day labourers stand on side of road hoping for odd jobs often in europe. 12% of workers often in construction (unemployment = 19%) Now many have become homeless & forced into situations. Undocumented work & often wore are vulnerable because illegal work.