SOC 1101 Chapter Notes - Chapter 1-6: Progressive Tax, Noam Chomsky, Credentialism And Educational Inflation

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How important is the variable of social class: working class has been more visible in capitalist societies. Decline in real wages: wages for woman increased the most. Liberalism and ideas: people like to believe they are free to make their own choice in a capitalist society although the choices are very narrow. Democracy in capitalist societies: capitalist owning class has two goals, 1. short term maximize profits, 2. long term to maintain the system that allows it to privately appropriate surplus value. Money going out: the growth of corporate welfare: all major political parties have allocated grants, loans, and tax concessions to those at the top - they do this because they claim these corporations will create jobs. Coercion the repressive state apparatus: rule of law is set of rules or principles that applies to all within its jurisdiction, most laws in any societies will protect the interest of those in power.

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