SOSC 1000 Lecture Notes - Bourgeoisie, Capital Good
1 Apr 2014
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Document Summary
A countries distribution and mobilization of work forces are controlled by individuals for profit. In a traditional society, there isn"t a great deal of work and money is not in the minds of the people. 3 ways of traditional society: traditional, command, market: wealth - financial assets such as money, bonds, and land. Capital goods consists of goods which have not yet been consumed/sold. Capital is wealth to produce more wealth: bourgeoisie. Wherever there is great wealth, there is great inequality . Lack of wealth forces someone with no wealth work for someone with wealth: two realms: economy and the state.
