Traditional Authority The power elite Pluralism multiple centers of power in a

Traditional authority the power elite pluralism

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Traditional Authority The power elite Pluralism: multiple centers of power in a democracy that are balanced out by competing interests vying for incluence over government policies Ch. 14 Work and Economic Life types of capitalism discussed in class (family, institutional, etc.) : Why is family capitalism “here to stay”? 90% of all business in the world are family business. Is the most dominant form of business in Asian which is where most of the economic growth comes from Fordism : introduction of assembly line by Henry Ford (ford motor company Post-Fordism : transition from mass industrial production to more flexible forms of production favoring innovation and aimed at meeting market demands for customized products Taylorism: set of ideas (scientific management ) developed by Frederick Winslow Taylor that involves simple, coordinated operations in industry Alienation (Karl Marx) : our own abilities as humans being taken over by other entities Flexible production : opposite of post-fordism , when different parts of a product are made by different factories and come together Activist investors: investors who try to influence companies to try to get more money in stock markets. Ch. 16 Education Hidden curriculum refers to learning the norm of and how to behave in American society ( learning how to be a citizen) 8
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