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Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
From the Marxian economic determinist perspective, race, ethnic, and gender conflict are sociological epiphenomena derivable from the primary economic class conflict. Unlike Marxian sociologists, SDT along with Mosca, Michels, and Pareto together reject reductionism solely to economic causes, and are skeptical of the hoped for class revolution ...
A dominant culture is a cultural practice that is dominant within a particular political, social or economic entity, in which multiple cultures co-exist. It may refer to a language, religion or ritual practices, social value and/or social custom. These features are often a norm for an entire society.
In Marxist philosophy, cultural hegemony is the dominance of a culturally diverse society by the ruling class who shape the culture of that society—the beliefs and explanations, perceptions, values, and mores—so that the worldview of the ruling class becomes the accepted cultural norm. [1]
Essentially, capital accumulation comes to define economic rationality in capitalist production. [103] A society, region or nation is capitalist if the predominant source of incomes and products being distributed is capitalist activity, but even so this does not yet mean necessarily that the capitalist mode of production is dominant in that ...
In Marxist philosophy, the term dominant ideology denotes the attitudes, beliefs, values, and morals shared by the majority of the people in a given society. As a mechanism of social control, the dominant ideology frames how the majority of the population thinks about the nature of society, their place in society, and their connection to a social class.
In a class society, at least implicitly, people are divided into distinct social strata, commonly referred to as social classes or castes. The nature of class society is a matter of sociological research. [26] [27] [28] Class societies exist all over the globe in both industrialized and developing nations. [29]
An economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions.