1. A Down-to-Earth Approach 8/e
SOCIOLOGY
A Down-to-Earth Approach 8/e
James M. Henslin
Chapter Fourteen:
The Economy
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2. The Transformation of Economic Systems
Preindustrial Societies: Birth of Inequality
Hunting and Gathering Societies
Pastoral and Horticultural Societies
Agricultural Societies
Increasing Social and Economic Inequalities
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3. The Transformation of Economic Systems
Industrial Societies: Birth of the Machine
Brought Previously Unseen Surpluses
Factories Exploited Labor
More Efficient Machines Led to Conspicuous Consumption
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4. The Transformation of Economic Systems
Postindustrial Societies: Birth of Information Age
Service Sector
Vast Surplus of Goods
Extensive Trade Among Nations
Wider Variety and Quantity of Goods
Information Explosion
Global Village
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5. The Transformation of Economic Systems
Bioeconomic Societies: Merger of Biology and Economics
We May Be On the Verge of New Type of Society
Likely to Lead to Even Greater Inequalities
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6. The Transformation of the Medium of Exchange
Earliest Mediums of Exchange
Medium of Exchange in Agricultural Societies
Medium of Exchange in Industrial Societies
Paper Currency
Fiat Money
Gross Domestic Product
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8. The Transformation of the Medium of Exchange
Earliest Mediums of Exchange
Medium of Exchange in Agricultural Societies
Medium of Exchange in Industrial Societies
Medium of Exchange in Postindustrial Societies
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9. World Economic Systems
Capitalism
Private Ownership of Means of Production
Market Competition
Pursuit of Profit
Laissez-Faire Capitalism
Welfare or State Capitalism
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10. World Economic Systems
Socialism
Public Ownership of Means of Production
Central Planning
Distribution of Goods Without Profit Motive
Democratic Socialism
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11. Ideologies of Capitalism and Socialism
Capitalists
Market Prices Should Determine Products and Prices
Profit is Good
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12. Ideologies of Capitalism and Socialism
Socialists
Profit is Immoral
Item’s Value Based on the Work that Went Into It
Government Protects Workers from Exploitation
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13. Criticisms of Capitalism and Socialism
Leads to Social Inequality
Tiny Top Layer Exploits Vast Bottom Layer
Few Who Own the Means of Production Reap Huge Profits
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14. Criticisms of Capitalism and Socialism
Does Not Respect Individual Rights
Others Control People’s Lives
Give Everyone an Equal Chance to be Poor
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15. Convergence of Capitalism and Socialism
Convergence Theory
Hybrid or Mixed Economy
Changes in China and Russia
Changes in America
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16. Functionalist View of the Globalization of Capitalism
New Global Division of Labor
Mechanical Solidarity
Organic Solidarity
Now We Depend on Workers Around the Globe
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17. Ownership and Management of Corporations
Corporate Capitalism
Separation of Ownership and Management
Stockholders’ Revolt
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18. Functions on a Global Scale
Three Major Trading Blocks
North and South America
Europe
Asia
Greater Productivity and Standard of Living
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19. Dysfunctions on a Global Scale
Loss of Jobs in Industrialized Nations
Rust Belts in U.S.
Challenges to Small Towns
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20. Conflict View of Globalization of Capitalism
Inner Circle of Corporate Capitalism
Multinational Corporations
Interlocking Directorates
Global Investing
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23. Work in U.S. Society Transition to Postindustrial Society
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25. Work in U.S. Society Transition to Postindustrial Society
Women and Work
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28. Work in U.S. Society Transition to Postindustrial Society
Women and Work
Underground Economy
Stagnant and Shrinking Paychecks
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29. Work in U.S. Society Patterns of Work and Leisure
Effects of Industrialization
Trends in Leisure
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31. Work in U.S. Society Patterns of Work and Leisure
Effects of Industrialization
Trends in Leisure
Telecommuting (Teleworking)
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32. Facing the Future Global Trade: Inequalities and Conflict
New Technologies and Downsizing
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