Marx’s Capital: Analysis of Capitalism and Communism
Capital: Marx’s Most Important Work
Capital, the most important work of Marx, begins with an analysis of the merchandise. This has a double value: use value and exchange value. The use value of merchandise is based on the quality of the commodity through which it fills a need rather than another. The exchange value of goods is the amount of socially necessary labor to produce it. The exchange of goods is not so much a relationship between things as a relationship between men. Work (labor force) is
Read MoreDiversity Competency: Understanding Cultural Differences
What is Diversity Competency?
Diversity Competency is possessing the cultural knowledge and understanding to serve diverse communities effectively.
Four Host-Ideologies
- Multiculturalism Ideology: Recognizes and supports people of diversity in maintaining or promoting their diversity, provided that their practices do not clash with the laws of the nation.
- Civic Ideology: Subscribes to the multiculturalism ideology principles but does not support state funding to maintain and promote ethno-cultural diversity.
Sociology, CSR, and Management Theories
Sociology and Society
Sociology is the study of human social relationships and groups. It describes the laws that govern social phenomena. A society is a set of individuals who share the same culture, customs, and rules of legal organization.
Stakeholders
Internal: employees, managers, owners, workers.
External: suppliers, communities, government (tax), competitors, shareholders, customers.
Corporate Social Responsibility (CSR)
CSR involves integrating social, economic, and environmental factors into
Read MoreSocial Collectives: Groups, Networks, and Organizations
Four Kinds of Social Collectives That Shape Our Actions
- Social groups
- Networks
- Formal organizations
- Whole societies
Social Groups: Primary and Secondary
- Primary Group: Shapes attitudes, behaviors, and social identity. A small social group whose members share personal and lasting relationships (Cooley). Conformity is an integral part that ensures group cohesion. Primary groups exert more pressure to conform than secondary groups. Emotional intimacy ensures similar beliefs.
- Secondary Groups: Large and impersonal,