POLSCI 1AB3 Lecture Notes - Lecture 7: Elite Theory, Making Money, Feudalism
23 Nov 2017
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Quick summary on marx: if you want to start with inequality you have to understand social structures and there is one in particular that determines social status, the economy. If inequality is a product of speci c social systems, then if you can change the social system i. e. economy, you can eliminate inequality. The industrial revolution had effects, created new classes. 1st class factory working class>hard working, not good life, 18 hours days, 364 days, men women children, lived in poverty, disadvantaged. Capitalists class>making money hand over st, making money like there is no tomorrow, begin to transform the economic and political process. Demanding free trade, more political inclusion, wanted more democracy. Economic changes ricoshade into political and social changes. Feudalism system existed before, market did not play important role, played some role but very peripheral. In feudal economy, many things didn"t go into the economy, land, workers, goods. Feudal power determined by physical force, war, etc.
