01:920:314 Lecture Notes - Lecture 8: Social Exchange Theory, George C. Homans, Fortune 1000
10 Oct 2016
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From simpler, local, forms of organization in the 1800s -> consolidation and expansion. The pe (cid:272)o(cid:374)sists of people (cid:449)hose i(cid:374)terests ha(cid:448)e (cid:272)oales(cid:272)ed the(cid:455) share i(cid:374)stitutio(cid:374)al i(cid:374)terests a(cid:374)d e(cid:454)perie(cid:374)(cid:272)es ofte(cid:374) the(cid:455) ha(cid:448)e si(cid:373)ilar perso(cid:374)al (cid:271)a(cid:272)kgrou(cid:374)ds as (cid:449)ell. Also, face-to-face contact is regular among many who sit on interlocking boards. Get: a very self contained and cohesive group. Conflict of interest groups is normal and necessary. Like marx his focus includes the idea that economic conflict over scarce resources is i(cid:373)porta(cid:374)t but, u(cid:374)like mar(cid:454), he did (cid:374)ot redu(cid:272)e (cid:272)o(cid:374)fli(cid:272)t to the real(cid:373) of e(cid:272)o(cid:374)o(cid:373)i(cid:272)s. Interest groups compete for lots if kinds of authority, and economic power is only one aspect. (pluralis(cid:373) here (cid:895) Behavior is explained as a process of negotiated exchanges between parties. All human relationships can be thought about in terms of costs and benefits. Roots also in economic theory: rational choice. We are (cid:272)o(cid:374)sta(cid:374)tl(cid:455) (cid:272)al(cid:272)ulati(cid:374)g (cid:449)hat (cid:449)e (cid:449)ill get out of relatio(cid:374)ships .
