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Lecture

SOSC Lecture #4.docx

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Department
Social Science
Course
SOSC 1000
Professor
Terry Conlin
Semester
Fall

Description
SOSC Lecture #4 October 10 2013 5. The Great Transformation • Transition from traditional society to modern society • 1944, Polanyi “The Great Transformation” • Bell: 1976, sees development of mass production, installment, wide spread buying, credit, “shrinking of the world”. • Bell: we become more alike because of modernity. • Automobile biggest symbol of modernity to Bell • Polanyi: Modernity -> Disembedded, Self-Regulating Free Market Economy. • Market is spate from society. • Land is environment, labour is humans, capital is method of exchange • Thomson: Child labour is different in industrial revolution • Factors of production, bought and
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