SOSC 1000 Study Guide - Final Guide: Marilyn Waring, Moral Economy, Creative Destruction
4 Dec 2013
School
Department
Course
Professor
Document Summary
16 given to study, 6 given on exam, 5 marked, 10% each (50% in total part a) Through full employment, high & stable wages. Making dehumanized workforce, reduction in wages and working conditions, mexico is one of the countries who experience such conditions. Those people who have jobs usually have to work in bad conditions for very low wages, they are called immiserized. We can also see immieration in westray, where workers experienced bad and unsafe working conditions which unfortunately resulted tragically killing 26 workers in 1992. Karl marx, however, thought that such reduction in wages and working conditions are logically required by the nature or capitalist production. These workers are from the exploited working class of the capital accumulation, working in miserable conditions, and as marx says with the wealthy getting wealthier, and as rinehart explains; in alienating conditions at work place.
