SOC 111 Lecture Notes - Lecture 8: George Carlin, Labour Power, Market Economy

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

Document Summary

Enslaved indigenous peoples first (incas, mayans), who soon died from disease brought by the. 1451: africans traded to north america to work. Traders split up tribal groups on the boats to keep everyone isolated. Forces of production: labour force: slaves, tools and technology: farming tools, nature: the land being worked for profit. Superstructure: how we think and act, based on the mode of production. How we act: we complete racist ideology with racist practice: consequences for europeans & americans: accumulation of capital, consequences for africans: depopulation, technical stagnation, distortion of economy, economic underdevelopment. George carli(cid:374) (cid:272)o(cid:373)ed(cid:455) (cid:862)i(cid:374)trodu(cid:272)tio(cid:374) to capitalis(cid:373) tuff(cid:863) Market economy: production for money, not to satisfy need. Commodities have value: use value: ability of commodity to meet a need, exchange value: worth of commodity in exchange. Influenced by amount of labour/time under normal conditions, with average degree of skill/intensity of labour. Also affected by supply & demand, market conditions, advertising and branding,