SOC 1 Lecture Notes - Lecture 84: Acid Rain, Oligopoly, Smog
Document Summary
Capitalism: an economic system in which property and goods are owned privately; investments are determined by private decisions, and prices, production, and the distribution of goods are determined primarily by competition in the free market. Corporations are held accountable legally to investors. Corporations are legally considered individuals in our society. 22 more pounds more sulphur dioxide (2. 2 for conventional vehicles) Acid rain - smog - global warming. Lithium mined in china -> lower environmental safeguards. Nickel production -> sudsbury, ontario, canada and acid rain. Apple hardware vs. windows - based hardware. Oligopoly: a handful of firms exist in a particular market. American law is supposed to prevent oligopolies and monopolies, but in practice they predominate the business market in the us. Gender stratification is functional for men who hold positions of authority and prestige in society. Engels: the origin of the family, private property and the state. Often embrace political action agenda (reform - symbolic interactionism)
