SOSC 1140 Lecture Notes - Lecture 17: Mercantilism, Scientific Management

• School: York University
• Department: Social Science
• Course: SOSC 1140
• Professor: Cameron Johnston

Document Summary

Prior to recent history, our economy was submerged in our social relationships - when people exchange stuff the most important things are their social relationships. Did not act to protect individual wealth but social relationships. So(cid:272)ial (cid:271)o(cid:374)ds, (cid:448)alues a(cid:374)d status, e(cid:272)o(cid:374)o(cid:373)i(cid:272) a(cid:272)ti(cid:448)it(cid:455) (cid:449)e"re regarded as (cid:373)ost i(cid:373)porta(cid:374)t. People were not supposed to work harder for others to benefit, but the work was for everyone to benefit and come together as a society. Economic system was run on non-economic motives. Your work dominates what it means to be a person now. All social order was submerged by the economy. More economic interactions now than social interactions. E(cid:454)a(cid:373)ples of (cid:449)hat so(cid:272)iet(cid:455) has (cid:271)e(cid:272)o(cid:373)e (cid:862)if you are(cid:374)"t (cid:449)orki(cid:374)g for (cid:373)o(cid:374)e(cid:455) (cid:455)ou are(cid:374)"t (cid:862)doi(cid:374)g(cid:863) a(cid:374)(cid:455)thi(cid:374)g(cid:863) importance of commodity: value is exchange. Production is independent - family farming - production for use, domestic. Outside of home production is done by artisans. Peoples" (cid:374)a(cid:373)es are (cid:449)hat the(cid:455) do (cid:894) (cid:373)ith, cooper, bla(cid:272)k(cid:895)