SOSC 2800 Lecture Notes - Lecture 10: Stateless Society, Nationstates, Social Contract
Document Summary
In a capitalist world, the state guarantees ownership of private property and means of production. Provides and maintains infrastructure necessary for market exchange and economic development - roads, dams, telephone towers, facilities, etc. Regulates con ict between opposing economic interests, both at home and abroad. Creating conditions to encourage production and consumption in society. Provides judicial and educational infrastructure, regulates corporations, controls labour wages, initiates economic, political, and social policies in order to attract capital. State is the actor that allows the economy to exist and ourish. Social contract - monopoly - state is the only actor with right to coerce, etc. State has power to intermediate and exercise violence in society, administer justice. Social contract between the population and state - hobbes - emerges to prevent a state of nature, state of constant fear and lack of trust - thus delegates power to state/leader. Most of human history existed without states.