SOCL 2001 Lecture : Final Notes
Document Summary
The social organization of work: among the most distinctive characteristics of modern economies are, highly complex division of labor, high degree of economic interdependence. Increasingly dominant form of economic organization worldwide: reliance on market versus other means of production and distribution. Private ownership of the means of production and distribution: main incentive is the accumulation of profit. Increasing interdependence of national economies (one country always depends on another for their goods and services) Increasing transnational flows of people, goods, services, capital, and culture: having a profound impact on work and culture around the globe, both positive and negative. Expanding domination of a global corporate elite: does not represent the best interests of the vast majority of people, represents a race to the bottom . Economic opportunity structure facing american workers is rapidly changing. Characterized by two trends: deindustrialization, rise in contingent employment relations. Job losses in manufacturing due to increased automation and lower wage rates in less developed countries.
