Bullshit jobs: Is a concept created by David Graeber in his 2013 article “On the Phenomenon of Bullshit Jobs.” It explains how productive jobs have decreased due to the automation of manufacturing jobs. Many jobs are meaningless and have little other purpose than organising peoples time. It shows the shift from capitalism through the creation of jobs to a point where many of these jobs are now redundant but jobs and the commodification of labour are largely the back bone of capitalism and thus bullshit jobs are needed to maintain social order in the capitalist world.
Capitalist Relations: is a term discussed by Tania Murray Li in Land’s End. It refers to the way in which capitalism is a social system that is governed by rules, norms etc. and …show more content…
Habitus can also be used to explain the internalized way in which we behave in society that becomes markers of class. It is the underlying principle in capitalist class relations as it theorises the internalisation of inherited dispositions to particular ways of acting, thinking and being in the world.
Hau: Is discussed in Marcel Mauss’s book, the gift. It concerns the notion of the spirit of gift giving and the spiritual meaning that is possessed in commodities that become gifts. It regards the way the thing being given is active and possess a part of the gift giver, which is the spirit of the commodity itself.
Virtual Capitalism: Is Hart’s idea of the machine revolution and both a cause and consequence of capitalism. It is used to explain how increasing technology is creating a shift from production economies to information services as well as the changes in the way we think about money. It explains the new ways in which money is viewed as no longer having to be a physical commodity but rather purely and exchange of money for money, examining the changing commodification.
SHORT ANSWER …show more content…
He argues that money emerged to quantify one’s obligation to repay another, rather than emerging as a form of bartering power. Essentially that debt existed before money not as a result as, in order to specifically express obligation. There is an obligation to repay debt as it is an obligation that you owe someone, if you agree to help someone it is unlikely you would follow through and thus the same principles should apply to debt. It goes against basic societal rule to not pay back debt and is immoral as debt is an obligation and it is unfair on the other party if you forgo this obligation and it will likely fall back on someone
Capitalist Relations: is a term discussed by Tania Murray Li in Land’s End. It refers to the way in which capitalism is a social system that is governed by rules, norms etc. and …show more content…
Habitus can also be used to explain the internalized way in which we behave in society that becomes markers of class. It is the underlying principle in capitalist class relations as it theorises the internalisation of inherited dispositions to particular ways of acting, thinking and being in the world.
Hau: Is discussed in Marcel Mauss’s book, the gift. It concerns the notion of the spirit of gift giving and the spiritual meaning that is possessed in commodities that become gifts. It regards the way the thing being given is active and possess a part of the gift giver, which is the spirit of the commodity itself.
Virtual Capitalism: Is Hart’s idea of the machine revolution and both a cause and consequence of capitalism. It is used to explain how increasing technology is creating a shift from production economies to information services as well as the changes in the way we think about money. It explains the new ways in which money is viewed as no longer having to be a physical commodity but rather purely and exchange of money for money, examining the changing commodification.
SHORT ANSWER …show more content…
He argues that money emerged to quantify one’s obligation to repay another, rather than emerging as a form of bartering power. Essentially that debt existed before money not as a result as, in order to specifically express obligation. There is an obligation to repay debt as it is an obligation that you owe someone, if you agree to help someone it is unlikely you would follow through and thus the same principles should apply to debt. It goes against basic societal rule to not pay back debt and is immoral as debt is an obligation and it is unfair on the other party if you forgo this obligation and it will likely fall back on someone