Sociology 2172A/B Chapter Notes - Chapter 5: Cui Bono, Median Income, Codependency
18 Oct 2016
School
Department
Course
Professor
Document Summary
Focus is on the link between teenage status systems and the broader society (more specifically consumer capitalism) Economic change and restructuring have brought about fundamental shifts in the nature of labour and its composition, which have also reorganized leisure and consumption labouring body has become the desiring body. Recessions and depressions occur because demand drops not because of inability to produce and supply goods and services. Maintaining consumer confidence an a steady demand is crucial. State contributes to by regulation of interest taxes, taxes, and state expenditures. Businesses do this through marketing and adv. Much more is directed at people"s status concerns. Goods and values become valued as much for the status they bring the owner as for the utilitarian needs they meet. Status preoccupations and social pressures are different from the need to feed ones family. They are nonetheless experience as very real to those who live in such a social context.
