SA 150 Lecture Notes - Lecture 5: Social Conflict Theory, Welfare Capitalism, Symbolic Interactionism
Document Summary
Social dysfunction: any social pattern that may disrupt the operation of society. Forgetting the victims represents the inequality of the minority. Serial killers can represent an extreme dominance of men over women. The social institution that organizes a society"s production, distribution, and consumption of goods and services. Capitalism: economic system where natural resources and means of production are privately owned. Private ownership: individuals can own pretty much anything. Justice and freedom as one in the same. Own self interest is considered to be just and right and fair. Socialism: economic system where natural resources and means of production are collectively owned. Welfare capitalism: combines a mostly market-based economy with extensive social welfare programs. But welfare relatives to idea of overall wellbeing: collective ownership of key industries. Healthcare covered: high levels of social services. Summary: understand basic differences capitalism, socialism, welfare capitalism & understand welfare captialism"s use of government.