[LABRST 1C03] - Final Exam Guide - Comprehensive Notes for the exam (61 pages long!)

• School: McMaster University
• Department: Labour Studies
• Course: LABRST 1C03
• Professor: Katherine Nastovski

Document Summary

What does this tell me about the ideas of freedom, democracy and equality? (perhaps an exam question keep in mind throughout the course). Why not: main questions o what is capitalism, what does work look like under capitalism, main concepts o capitalism. Type of economic system (the way we organize production and distribution of goods in society), which affects every aspect of human life from how and what we produce, what we consume and how we relate to each other. While we experience it as normal and familiar it is not natural it is something that is human-made. As humans, we have consciously constructed society this way. It hasn"t always existed, which means it may not always exist. (very recent type of economic system. ) o economic systems. Most of human history is characterized as different. Feudalism - : nomadic - , hunter-gatherer - , profit/surplus value. Capitalism is when people who do not own the company they work for.