SOC 200 Lecture Notes - Lecture 3: Blackboard, Externality
Document Summary
Original capitalist: problem: present wage-price gap (workers gets pay less, pays out profits, workers must be paid enough to buy back consumption. Shaping of motivations: economics and technology is very important to understand why we consume more than we need, economic growth=economic and political health (donald trump and harry clinton will debate and say something about making the. )-say this to make people vote for them. Economic growth: read for more information (chapter 3) Needs of money: money is principal means of arranging one"s material needs and wants in most of world. Need to invest to ensure high returns in future. Most people continually seeking more money: generalization of the market. Important consequence of promoting political interesting economic growth. Economy must grow for people to have more money (baby sit my baby and i give food for babysitter or she baby sit my baby and next time i baby sit her baby---trading, money related)
