SOSC 1341 Lecture Notes - Lecture 11: Social Economy, Village Green, Feudalism
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Mission should be people over profits: change agrents: Change can be good or bad (burkey, p 76) Serfs (peasants) at work: value of history: social economy. Social imagination requires history, resulting in historical imagination. Ability to switch perspective to understand from others pov: capitalism creates social economy. Becomes recognized and distinct with emergence of capitalism. Coming to consciousness = realization of social relations. Before this, economic activity was embedded of social. Social relationships is more important than profit or ownership (private: social economy history. Based on older forms/values example, roman empire, largest. Europe, collapse of trade resulted in war lords, gangs, etc: feudal order (feudalism) Local rulers (own), mutual obligations, serfs: social economy capitalism (vis versa, social obligations: social & political power. Decided own affairs of customs: truck, barter, exchange. Merchants & traders also owed the lord of an area for permission to trade it. Trade: dangerous & very expensive (taxes: feudal economy: (commons)