SOCY 284 Lecture Notes - Lecture 10: Meritocracy, Vehicle Insurance

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Closely related to classification: bureaucracy implements classification. In democracy, race and gender are not an exclusion to vote, but age is. National security agency (nsa) does break these rules - they do racial profiling based on religion, etc. Markets increasingly provide access to primary goods and services: money (banking and credit) Mediated by actuarial technologies (big data: mediate their behaviours and put a price tag on them. Three steps: classification, common metric (risk), evaluation. Actuarial technologies: insurance and risk measurement technologies (tracking devices in a car: when using this device, insurance goes does. In canada its public, in many states its not. Similar as cars - classify the behaviour (health), put a price tag on risky behaviour, evaluate. If you smoke - insurance will go up. Companies making judgement on what is good and bad behaviour, and punishing/rewarding some behaviours based on price tag in the market.

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