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Soc 373 Study Guide - Soc 373 Study Guide 1 Contradictory...

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Soc. 373 Study Guide 1) Contradictory Values: Capitalism Democracy Competitive Pursuit of Profit - Business sells at highest prices - Consumers buy at lowest price - Owners contain labor laws - Workers maximize wages Maximize power of each citizen Private ownership of profits Equal political rights and pursuit of good life through: taxation, spending, and regulation Liberty: Pursuit of self interest seen as “socially beneficial and morally correct” Equality: Life chances 2) Policies that lead to advantages and disadvantages: New Deal, GI Bill - New Deal: Pro-Worker Proportionate hiring Unions still rejected blacks Wagner Act: Allowed unions, excluded blacks and domestic workers Whites often got training and promotions Paid black workers less than minimum wage Social Security assisted mostly old age whites Housing Act 1937 Black in urban, whites in suburbs 282 projects for whites, only 40 integrated 3) Immigrants - Accepted: Scandinavians
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