SOSC 1000 Lecture Notes - Lecture 6: Bourgeoisie, Mercantilism, Proletariat
11 Nov 2016
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Way of ordering life economically: as a logic. 18 + chapter 2: waves of innovation, railways, steamship, mass production of steel, electricity, assembly line, automobiles, that drives the system. Chapter 2: capitalism as a social order. Reorganizes communities based on labor structure, geography, the way countries, cities are laid out/planned. Wages expendable income, mass production leads to mass consumption; we want the stuff, driven to accumulate fed by mass advertising, marketing: elements of wealth and capital. In order for there to be rich, they have to be different from the poor; in terms of the market system. Employee and employer bourgeoisie and proletariat; bourgeoisie own the means of production (marx) Generate profit by paying employers the least amount of money possible. Capital is not cash, it can be the gold that is still in the ground, the trees that have yet to be cut; anything that you can make money off of/commoditized.
