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Lecture

SOCA02 Notes Feb 26.docx

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Department
Sociology
Course
SOCA02H3
Professor
Sheldon Ungar
Semester
Summer

Description
Lecture 6 Feb 26 2009 EconomiesAn historical view Key Market produces all sorts of benefitsbut it must be controlled or else What institution is most affecting our livesGlobal free marketWon a total victory o Virtually unchallengedEnd of communismSocialismEra of globalizationPositive Effects of Free MarketMost productivitywealth everWealthy is better o Think of examplesMarket linked to democracy Costs of the marketMust be controlled or runs amokdestroys societyGlobalization brings savage capitalism o Or roulette capitalismCommunismnever produce enough to have a crashPremarket societiesHence market is not universalthis is importantExchange based on moral economies 1 Sharing2 Potlatch Gift Giving 3 Fair price Key motivator Status in the group Types of exchange 1 Sharing SmallscaleBy virtue of membership in community o Examples welfare education health care atmosphere public goods the commons2 Giftgiving potlatchGive to attain statusMay or may not imply reciprocity o Hard to get back more than you give o Examples Christmas gifts volunteer organblood donationsDestroy goods o Examples agriculture
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