SOC 102 Lecture Notes - Lecture 7: George Ritzer, Corporatocracy, Economic System
Document Summary
The u. s. is capitalistic: unequal distribution of pay (higher management get higher pay, social mobility. Individual must work paid on his/her efforts. Capitalism: economic system in which private individuals or groups invest capital to produce goods and services to sell for a profit in a competitive market. Auto parts, drugs: america is now a service-oriented economy. Postindustrialization: the shift from an industrial economy dominated by manufacturing jobs to an economy dominated by service-oriented, information intensive occupations. Characterized by a highly educated workforce, automated and computerized production methods, increased government involvement in economic issues, and a higher standard of living: what does it mean to be mcdonaldized , fast, cheap, and efficient! Industries are focusing on accessibility and low cost trade quality. Mcdonaldization: sociologist george ritzer; how the fast food industry applies to work: efficiency. Size, cost, and time are more important than quality: predictability.
