POL201Y1 Lecture Notes - Lecture 2: Open Field System, Enclosure, Crop Rotation
12 Dec 2013
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September 17th, 2013 frpol201y september 17th, 2013. The making of economic society and the industrial revolution. 3 ways of organizing production and distribution of goods: tradition. Historical way, ancestral following (same way century after century) Soviet union (5 year plans) (determined scope of distribution and production by 5 year cycles: market. Feudal system what need to be undermined in order to create this market system. Relations of social obligations to one another (not economic interdependence) Top of hierarchy did not invest in the system (not incentive to produce more than they could use, not to reinvest but to but luxury items. Labour was not a commodity: could not sell their labour (received housing food protect for labour) Land was not a commodity: people didn"t sell their land and didn"t accumulate more land than they could use. Property was not a commodity: nothing that could be turned into capital. Open field system: all the field were connected.
