Sociology 1021E Lecture Notes - State Ownership, Moral Authority, List Of Muppets

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Document Summary

Relationship between democracy and capitalism is constantly in play. Markets are global and we have to view them as such. State: elected gov"t, education system curriculum, military, health care, transportation communication, taxation: distribution of wealth, criminal justice system, media. Distribution and management of wealth: protect the capacity to produce wealth. Protect individuals against arbitrary use of power: dictators. Protect means to wealth (how it"s accumulated) Provision of civil society: public services, rule of law. Social and economic stability: submission and violence: g20 protests instability. At the end of the day, the law will crack down on people who threaten the power elite. Role of state: legitimation of authority, accumulation of profit, coercion: when legitimation fails. When there"s a problem, we look to other people. Political and economic power is constrained: regulated. We are all equal to operate in the market place. Police said they were fine with the protestors.

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