INTS 1500 Lecture Notes - Lecture 8: Meritocracy, Social Mobility, Proletariat
Document Summary
What types of inequality do we see in global economy. Why are they so difficult to overcome. The capitalist structure of global econ and the history of colonialism are 2. Different types of inequality, including wages, wealth, and opportunity main causes of poverty and inequality: structural, political, social, economic, psychological. There are many (cid:498)traps(cid:499) that are difficult to overcome. Marx (historical materialism money: bourgeoisie producer, proletariat making things for the producer. Power of capital they are rich so they can control politics. 3 classes: own capital, own land, own labor. Classes get along: cooperate and collaborate for specialization and efficiency. Class is like geological layers (layers of rock: can be as many as a society needs (unique, generally upper, middle, and lower but some in between. Participation in economic order shapes class and life chances. Ex: denver country club: ,00 to join, plus yearly fees, determines who can participate and who cant.