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Lecture 6 . Cultural of Consumption

Lecture 6 . Cultural of Consumption - Lecture 6 Cultural of...

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Lecture 6: Cultural of Consumption 1. Cultural of Consumption Scientific Management, welfare capitalism, moral capitalism, human resources, personal management (issues rooted in operation in corporate world) 2. Nature of economic (prior to Great Depression) Prior to 1930, the economy was about productivity gains, or how much per hour (day) can one worker create in the specific industry. The economy was aiming to make more efficient workers using technology. Manufacturing grew. In 1870, manufacturing companies were only producing 3.2 million tons of iron and steel and even iron and steel was not the substance for railroad tracks and high rises. By 1900, companies were producing 30 million tons of steel made in smaller number of plants with less labor. 3. Producer (prior to Great Depression) A change in style as there are fewer plants organized centrally and specialized. Ex. Andrew Carnegie – owns land and railroad and boats and process of sending out output. Smaller group of owners control every aspect of their process. Output
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