SOC100H1 Lecture Notes - Lecture 5: Regulated Market, Social Stratification, Deskilling

• School: UTSG
• Department: Sociology
• Course: SOC100H1

Document Summary

Recognition of the sanctity of human life is a prerequisite to moral action. History of 20th century has seen the call for the exclusion of whole categories of population - classes, nations, race, religions - from the universe of obligation. Within our universe of obligation, other people"s needs, their welfare, ill health & dreariness of daily life constitute a challenge and an admonition to all other members of the same universe of obligation. Economic prosperity made canada one of the best countries in the world in which to. But for past quarter of a century income inequality has been increasing in canada. Despite working harder & longer families" incomes have not grown proportionately. Income economic gain derived from wages, salaries, income transfers & ownership. Wealth includes property, such as buildings, land, farms, houses, factories, cars, as well as other assets, such as money in banks accounts, corporate stocks, bonds, insurance policies live of property. Social capital people"s networks or connections.