ECONOMY Social institution that organizes a society’s production, distribution, and consumption of goods and services INDUSTRIAL REVOLUTION CHANGED ECONOMY SECTORS/MODERN ECON 1. draws raw materials from natural environment; of greatest importance (25%) in low-income nations 2. transforms raw materials to manufactured goods; significant share (24-35%) in low-, middle-, & high-income 3. produces services rather than goods; largest (50-74%) in low-, middle-, & high TRENDS OF LABOR FORCE In 2012, 8.1% of country’s labor force was unemployed. Young people & African Americans at high risk of unemployment. - Information Revolution. The share of the US labor fore engaged in manufacturing is 1/3 of what it was in 1960 - expansion of global econ. - significant gov. regulation CAPITALISM based on private ownership of prop. & pursuit of profit in a competitive marketplace SOCIALISM grounded in collective ownership of productive prop. thru gov. control of econ. Capitalism - greater productivity, higher standard of living, greater income inequality, freedom to act according to self- interest vs. Socialism – less productivity, lower standard of living, less income inequality, freedom from basic want PROFESSION prestigious whitecollar occupation that requires extensive formal education 1. Theoretical knowledge 2. Self-regulating practice 3. Authority over clients 4. Community orientation rather than self-interest CORPORATIONS – the largest corps, which are conglomerates (composed of many smaller corps.) account for most corp. assets and profits. Many large corps. operate as multinationals, producing and distributing products in nations around the world MONOPOLY - the domination of a market by a single producer OLIGOPOLY – the domination of a market by few producers POWER - the ability to achieve desired ends despite resistance from others AUTHORITY - power that people perceive as legitimate rather than coercive WEBER 3 TYPE/AUTHORITY Traditional – power legitimized by respect for long-established cultural patterns Rational-legal – by legally enacted rules & regulations (also know as bureaucratic) Charismatic – by extraordinary personal abilities that inspire devotion & obedience. 1. New source of energy (James Watt/steam engine) 2. Centralization of work in factories (moved work from home to factories) 3. Manufacturing & mass production (grain, wood or wool to foods furniture, cloth 4. Specialization (single task) 5. Wage labor (work for strangers instead of themselves) POSTINDUSTRIAL 1.Tangible products to ideas (ppl work w/ symbols) 2. Mechanical to literacy skills 3. Factories to almost anywhere (computer tech. allows to work anywhere. “virtual office”) MONARCHY political system in which a single family rules from generation 2 generation (common in agrarian societies; leadership is based on kinship) DEMOCRACY gives power to to the people as a whole (common in modern soc. Leadership is linked to elective office) AUTHORITARIANISM denies people participation in gov. TOTALITARIANISM highly centralized, extensively regulates people’s lives (one centralized leadership) GLOBAL POLITICAL SYSTEM? No. Most economic activity is international, the world is divided into nation-states. Politics has become a global analysis. Politics is dissolving into business as corp. grow larger than gov. E-mail, text, twitter mean less privacy for for political affairs. Computer hacking, “WikiLeaks”. NGOs will continue to play a key role in expanding global political culture. Seek to advance global issues such as human rights and environmental protection. THE POLITICAL SPECTRUM Liberal: political “left” 27% Conservative: the political “right” 32% Moderates: the political “middle” 36% SPECIAL INTEREST GROUP People organized to address some economic or social issue POLITICAL ACTION COMM. Formed by a special interest group, independent of political parties, to raise and spend money in support of political goals. VOTER APATHY people don’t vote! US citizens are less likely to vote now than a century ago. Only half registered voters went to polls. (2000) in 2008 rose to 63%. Women are more likely to vote. People over 65 more likely to vote than college st. Hispanics more likely than Africans. People with bigger stake in society more likely to vote. People earning more than $100,000 than 20,000$ 3 MODELS OF POWER Pluralist model: sees power as spread among many competing interest groups Power-elite model: sees power as concentrated among the rich. Marxist political-economy model: explains politics in terms of the operation of a society’s economic system. 4. always a matter of definition gov claims the right to maintain order, even by force and label opposition groups who use violence as terrorists 3. political objectives: poor nations use wars to end foreign domination. Powerful countries may benefit from periodic shows of force. 4. Moral objectives: leaders infuse military campaigns w moral urgency. “Operation Iraqi Freedom” TERRORISM 1. try to paint violence as a legitimate political tactic, though they are condemned virtually 2. not just by groups but also by gov. against their own people. State terrorism 3. democratic societies reject terrorism, but are especially vulnerable bc they give broad civil liberties to their ppl and have less extensive police networks. <- PROMOTE WAR/CAUSES 1. perceived power: nations mobilize in response to threats to their ppl, territory 2. Social problems: internal probs. cause frustration at home, leaders try to divert public attention by attacking eternal enemy. 5. The absence of alternatives: limited success in preventing conflict between nations. NUCLEAR PROLIFERATION The world still contains approximately 4,000 operational nuclear war heads, repping destructive power of several tons of TNT for every person on planet. Life could end. APPROACHES TO PEACE 1. deterrence: kept peace for 50 yrs during the cold war. Yet it encouraged enormous arms race & cant control nuclear proliferation 2. High tech defense: satellites & ground installation would destroy enemy missiles after launch 3. Diplomacy & disarmament: Endogamy: marriage between people of same social category Exogamy: marriage between people of diff social category Monogamy: Marriage that unites two partners Polygamy: Marriage that unites a person with 2 or more spouses Kinship: a social bond based on common ancestry, marriage or adoption Marriage: a legal relationship, usually involving economic cooperation, sexual activity, and childbearing Family: a social institution found in all soc. that unites ppl in cooperative groups to care for one another inc. children RESIDENTIAL PATTERNS Patrilocality: “place of the father” couple lives with or near husband’s family Matrilocality: “place of the mother” couple lives with or near the wife’s family Neolocality: “new place” couple lives apart from both sets of parents FUNCTIONAL VIEW Socialization: parents help develop children into well integrated members of soc. Regulation of sex. activity Social placement: family is not needed for ppl to reproduce. Parents pass down their soc. identity thru race, religion and soc. class support. Symbolic-interaction theory & feminist theory: explore how the fam. perpetuates soc. inequality by transmitting divisions based on class, ethnicity, race & gender Nuclear fam: composed of 1 or 2 parents & their children; aka conjugal family Extended fam: composed of parents & children as well as other kin; aka consanguine family Patrilineal descent: (more common) traces kinship thru men. Children are related to others only thru fathers. Ensures that fathers pass property to son Matrilineal descent: kinship thru women. Mothers pass property to daughters. Found in horticultural soc. where woman are main food producers Bilateral descent: kinship thru both. Structural functional theory: Social-interaction theory shows how fam. help soc. operate and social-exchange theory: smoothly. Socialization, reg. of Highlights the variety of sex. activity, social placement and fam. life as experienced by providing material and emotional various fam. members Stages of fam: a new fam. begins with the couple & evolves as the new partners settle into reality of married life. Next, come yrs of developing careers, raising children, leading to later yrs after children have left home to families of their own. DIVORCE 1. Individualism: Fam spend less time together. More concerned with personal happiness & income 2. Romantic love fades: fail as sexual passion fades. End marriage in favor of new relationship w new excitemnt 3. women are less dependent on men: Women participate in work force decreasing dependency on men. 4. Marriages are stressful: Both partners work making less time and energy for family life 5. Divorce soc. acceptable: 6. Divorce is easy: 1. Courtship & romantic love 2. Settling in: Ideal & Real Marriage 3. Child Rearing 4. The Fam in Later Life Social class: shapes the family life. Children born into rich fam have better mental & physical health & go on to achieve more in life than poor children Ethnicity & Race: can affect a person’s experience of family life Gender: affects fam dynamics bc husbands dominate most in marriage