SOC 111 Lecture Notes - Lecture 9: Evan Spiegel, Mark Zuckerberg, Horizontal Integration

• School: Ryerson University
• Department: Sociology
• Course: SOC 111
• Professor: Jean Golden

Document Summary

Majority of the 1,810 billionaires in the world are american men. Youngest: alexandra andresen at 19, norwegian heiress. Youngest male: evan spiegel, co-creator of snapchat. Law of capitalist development: maximization of surplus value through expanded production and increased exploitation of workers. Concentration of capital: capital rests in fewer and fewer hands. Centralization of capital: capital centers in a few a geographic areas: core & periphery. Capacity, process, product of work are all controlled by others. Separation, competition, and hostility between workers/students is ingrained in culture. Separation from self through limited opportunities for creativity, expression, development of self. Separation from environment by being stuck indoors all day, indirectly polluting or destroying e(cid:374)viro(cid:374)(cid:373)e(cid:374)t, severi(cid:374)g hu(cid:373)a(cid:374)s" (cid:272)o(cid:374)(cid:374)e(cid:272)tio(cid:374) to (cid:374)ature. Social production, but private ownership: workers do not own what they produce, partial redistribution promotes inequality. Separation of ownership and management: hides the true owner of the means of production.