SYG-2010 Lecture Notes - Lecture 8: Takers, State Capitalism
Document Summary
Because social values and policies vary by time and place (across societies) Stratification is the product of two social processes: differentiation: the social construction of group differences. I(cid:374)stead of groupi(cid:374)g people together as hu(cid:373)a(cid:374)s or a(cid:374)other ge(cid:374)eral. These values are shaped through human interaction and social learning. Political action (including claims making) help create and hoister these processes. Social institution that organizes production, distribution, and consumption of goods/services. Rules by which the economy is organized the (cid:449)ay the e(cid:272)o(cid:374)o(cid:373)y (cid:862)(cid:449)orks(cid:863) What kinds of economic infrastructures exist (e. g. , private banks, a federal reserve or mattresses for stashing cash, service or industrial economy) The economic system is made up of regular, enduring and ordered patterns of social relationships that are created through policy (social interaction and debate) not by some abstract pre-determined entity or force. People create structures including economic institutions through political action but structures also constrain people. The structure of the economy affects how stratified it is.
