January 17 - Culture of the New Capitalism History's...

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Culture of the New Capitalism History’s Ironies 1960s attack on bureaucracy o state socialism o capitalism corporation o welfare system successes o dismantling govt. and corp. bureaucracies produced wealth and  technological success Irony o Instead of producing community have produced fragmentation Moving on rather than settling in Cultural question How to live in unstable, fragmentary social conditions? Three challenges for the ideal person o Time Short term relationships o Talent How to measure and maintain accomplishment o Loss How to let go of past and re-group 
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What most people need Sustaining life narrative Sense of accomplishment Pride in experiences survived What most Americans are like Assumed to be aggressive competitors in business Actually accept structural change with resignation New economy and its cultural influences Cutting edge model o Institutions that combine high tech o Global finance o New service firms of 3,000+ New formation of personal skills and abilities Institution and requisite abilities shape culture of consumption Consumption influence progressive politics o Liquid modernity, we need to keep up Does this “liquid modernity” create freedom? The fresh page argument Has globalization merely expanded the multinational corporation? Or cracked open the capitalist system? Weber modeled civil society as military system operating like and army where  everyone had a place and each place a function
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o Top down, filters Military, social capitalism Organizes around incremental time o Time is measured carefully Lives turned into narratives with stages Individual agency associated with the ability to plan o What to do for next step Subjective life conform to plans With globalization, the militarization of social time comes apart o Relationships replaced by “transactions” (George Soros) Drift moves us into the life of institutions How social capitalism operated Designed like army to survive defeats (market booms) on battlefield
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This note was uploaded on 05/04/2008 for the course GLOBAL STU 110 taught by Professor Gunn during the Winter '08 term at UCSB.

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January 17 - Culture of the New Capitalism History's...

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