SOC101Y1 Lecture Notes - Lecture 5: Cultural Capital, Social Capital, Human Capital
Document Summary
Recognition of sanctity of human life is a prerequisite to moral action. History of 20th century has seen the call for the exclusion of whole categories of population (class, nation, race, religion) from the universe of obligation. Within our universe of obligation, others" needs, welfare, ill health, and dreariness of daily life constitutes a challenge and an admonition to all other members of the same universe of obligation. Economic prosperity made canada one of the best countries to live in. Wealth: property (e. g. buildings, land, farms, houses, factories, cars) and assets (money in bank. Income inequality on the rise, incomes have not grown proportionately. Income: eocnomic gain derived from wages, salaries, income transfers, ownership of property accounts, corporate stocks, bonds, insurance policies) Cultural capital: stock of learning and skills that increases chance of securing a superior job. Difficult to determine degree of poverty in canada no official definition.
