SOCY 122 Lecture Notes - Lecture 17: Rudolf Hilferding, Joseph Schumpeter

• School: Queen's University
• Department: Social Sci, Edu and Soc Work - Sociology
• Course: SOCY 122
• Professor: Rob Beamish

Document Summary

Npp 54 capitalist production, pro t, and say"s law. [slide 1] this narration introduces you to and overviews the material on pages 119 to 129 in. [slide 2] alfred schutz, it will be remembered, argued that the social world with which humans. Social structure and human agency. en-gage is a meaningful construction; individuals know and understand the world through socially constructed meaning. In addition, economics has, since the emergence of political economy in the eighteenth century, ranked among the most in uential disciplinary matrices in the social sciences. Within political economy and economics, there have been paradigm shifts that have resulted in signi cant shifts in how we understand the economy and thus our overall social and political structure. To understand how economic theory has shifted to account for the developments of nineteenth and twentieth century capitalism and created an accepted view of the economy and its processes, the paradigms proposed by three individuals are particularly signi cant.