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Module 4: John Bellamy Foster
Vocabulary words for John Bellamy Foster module
22
Sociology
Undergraduate 4
08/14/2015

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Term
agribusiness
Definition
The mass production of agricultural goods through mechanization and rationalization.
Term
balance of power
Definition
The theory that military conflict can be avoided if both sides have roughly equivalent military power.
Term
bourgeoisie
Definition
Historically, the merchant class in feudal societies. Today, the term is often used as a synonym for the middle class.
Term
capitalist class
Definition
Those who own companies, or stocks and shares in companies, and use them to generate economic returns or profits.
Term
carrying capacity
Definition
The number of a species that a particular ecosystem can support without suffering irreversible deterioration.
Term
cash-nexus
Definition
The defining of all human relationships in terms of monetary exchange.
Term
climate change
Definition
Changes in the earth’s climate caused by the accumulation of gases in the atmosphere, especially carbon dioxide and methane.
Term
dehumanization
Definition
The act of depriving people of their human qualities; that is, treating people like animals or things as if they have no feelings or worth.
Term
depletion
Definition
The human use of natural resources beyond their sustainable limits.
Term
ecosystem
Definition
A self-sustaining community of plants and animals within a natural environment.
Term
contingency work
Definition
Temporary, part-time, or contracted employment for the duration of a project.
Term
green revolution
Definition
The tremendous increase in farming productivity that occurred beginning in the 1950s with the application of pesticides, herbicides, and chemical fertilizers, and the development of plant varieties specifically bred to respond to these chemical inputs.
Term
imperialism
Definition
The establishment of a colonial empire in which domination is political and/or economic.
Term
union
Definition
A social organization set up to represent the worker's interests in both the workplace and in the broader society.
Term
liberal democracy
Definition
A form of government based on some form of democracy coupled with capitalism.
Term
managerial capitalism
Definition
A change in the control of capitalist enterprises from owners (who predominated in Marx's day) to very well-salaried managers.
Term
oligopoly
Definition
A situation in which a small number of firms dominate a given industry or market.
Term
secondary labor market
Definition
The economic position of individuals engaged in occupations that provide insecure jobs and poor benefits and conditions of work.
Term
social stratification
Definition
Structured inequalities in life chances between groups in society. These inequalities are relatively fixed; individuals within each broad group have similar attitudes, beliefs, and backgrounds.
Term
socialism
Definition
An economic system in which the means of production and distribution of goods and services are publicly owned.
Term
multinational
Definition
A business corporation that operates in two or more countries.
Term
sweatshop
Definition
A workplace that violates one or more standards of workplace safety, labour laws, or worker compensation. Such shops now thrive in many peripheral countries.
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