Lecture 9 Flashcards
tradition
sentiments and beliefs passed from generation to generation. traditional societies are guided by the past
rationality
deliberate, matter-of-fact calculation of the most efficient means to accomplish a particular goal. modern societies have this view; they focus on their present and future as a guide to how to act and think
rationalization of society
denotes the historical change from tradition to rationality as the dominant mode of human thought
motivations to act
- traditonal
- affective
- Wert-rational, which is value-rational and more important in traditional societies
- Zweck-rational, goal-rational action which is calculated and goal-oriented, it is dominant in the modern era
dimensions of rationalization
- World view, Rise of natural sciences - ‘disenchantment’ of the world, religion rejects magic and science rejects divine powers. Modern technology breaks ties with traditions. There is also secularisation of social life, as religion is becoming less central in society.
- Technical innovations
- Growing wealth and free markets
- Collective action, formalization of the state - bureaucratization of the Western world, which includes constitutions, laws, officials, and general rules. Bureaucratization involves predictable regulations, a reliable money system, and a guarantee for equal treatment.
- Individual action, arts are more based on technique - for religion, charismatic prophets are
‘replaced’ with church.
economies
may compromise social institutions that organize the production, distribution, and consumption of goods and services. economies are always interconnected with other social institutions such as families, politics, crime, and media
4 factors key to the expansion of economy
- agricultural technology
- productive specialization
- division of labor
- permanent settlement
- trade
industrial revolution
introduced 5 notable changes to the economics of western societies
new forms of energy
the power of the steam engine far surpassed muscle power
the centralization of work in factories
factories were impersonal workplaces separate from the home and work from the private sphere to the public sphere
manufacturing and mass production
the industrial economy shifted most jobs into manufacturing, which turned raw material into a wide range of products
division of labor and specialization
factories demans a division of labor and specialization so that a laborer has to repeat a single task over and over, and in the end contributes a small part to the finished product
wage labor
a worker sells their labor to strangers. supervision became routine and intense; incomes were usually pitifully low, and exploitation was common
3 key changes the information revolution unleashed
- tangible product ideas; the post-industrial era is marked by work that revolves around creating and manipulating symbols, e.g., programmers and financial analysts
- mechanical skills to literacy skill; the information revolution demanded literacy skills
- decentralization of work away from factors; computer technology permits many people to work almost everywhere. in short, new information technology reversed the industrial trend
information revolution
there was a shift from industrial work to service jobs. this economic change was largely due to the development of the computer and other new technologies
primary sector
generates raw materials directly from the natural environment
secondary sector
transforms raw materials into manufactured goods
teritary sector
generates services rather than good
capitalist world
is a world with an economic system in which resources and the means of producing goods and services are privately owned
3 key features of capitalist world
- private ownership of property
- pursuit of personal profit
- free competition, consumer sovereignty, and markets
neoliberalism
also known as market capitalism, is the ideas that producers compete with one another by providing the highest-quality goods and services at the lowest possible price
liberal capitalism (1st phase, 19th century)
a free market, a ‘facilitative’ state, and a legal framework that helps maintain capitalism
organized cpaitalism (2nd phase, 20th century)
involves an administered market and a more directive state
disorganised/port-Fordist cpaitalism (3rd phase, post-industrialization)
an increase in the service sector, more global and dispersed operations, and a decline of nation-states