Soci Final Exam Notes - Social Problems Final Exam Review...

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Social Problems Final Exam Review TEPPERMAN Chapter 12 – WORKPLACES Capitalism The economic system in which private individuals or corporate groups own the means of production and distribution. Capitalists invest capital to produce goods and services, which they sell for profit in a competitive free market. Socialism An economic and political ideology (flourished in 19 th & 20 th centuries) that favors the public ownership of the means of production and distribution, and the investment of public capital in producing goods and services. Bureaucracy A large, complex organization employing highly specialized workers who work within the context of a legal-rational authority structure (called by Max Weber) Social capital Having larger, more varied, and more powerful interpersonal networks mean to have greater social capital. Alienation An experience that involves feelings of powerlessness, meaninglessness, normlessness, estrangement, and social isolation in the workplace. Discriminatory unemployment Unemployment resulting from discrimination against particular groups (ex. Ethnic minorities, women) Structural Unemployment Unemployment caused by social and economic factors that affect workers equally across all groups (ex. Corporate downsizing, capital flight, automation of work processes) Discouraged Workers People who are not actively seeking employment. Specifically, they are thought to have turned their backs on the traditional work system and to have abandoned any desire to be gainfully employed. Extrinsic Rewards When work rewards the worker with money, prestige, respect, and social recognition. Intrinsic Rewards When work rewards the worker with the feeling of a ‘job well done’. Introduction What constitutes ‘work’ and what are the boundaries of this definition?
o Importance of using a constructionist view to understand teenage employment and inequality Nature and quality of work – whether experienced as opportunity or victimization – is subjective, largely in the eyes of the beholder Our perceptions of work are largely shaped by our understanding of opportunity & equality, and by claims made about choice and constraint o Concern about deprivation of choice – effects on one’s identity, social position, an social perception Comparative Economic Systems Capitalism and Socialism o Capitalism: The economic system in which private individuals or corporate groups own the means of production and distribution. Capitalists invest capital to produce goods and services, which they sell for profit in a competitive free market. What drives capitalism is the need for ever-more resources, ever-

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