SOC224H5 Lecture Notes - Lecture 7: Dornier Do 17, Diplo, Market Saturation
Document Summary
Legitimation: how schools are legitimated, human capital theory, credentialism. School help legitimate but schooling becomes legitimated because of its relationship with the labour market. Knowledge-based economy: knowledge-based economy: a system of consumption and production that is characterized by the production of intellectual goods and services, emphasizes technological advancement, and rewards workers for their knowledge and skills. There have been changes in the ways in which we see the labour market and even the types of jobs available. There has been a move in technology and move away from trade/production One of the results of a knowledge economy is that we now place a lot of emphasis on creden- tials. Your degree is an important ticket in a knowledge-based economy - shows that you"ve put in more time to get your education: video > new credentials + acquire new skills: As technology changes, we need to keep up and new skills must be acquired as well.
