Discuss the functionalist, critical, and interpretive approaches to the study of modern society, specifically:
1.Central concepts of each
2.How capitalism is possible, according to each approach
Answers
Answer:
1. Functionalism, in social sciences, theory based on the premise that all aspects of a society—institutions, roles, norms, etc. —serve a purpose and that all are indispensable for the long-term survival of the society.
A critical society is a community of people who value critical thinking and value those who practice it. It is a society continually improving.
To practice interpretive sociology is to attempt to understand social phenomena from the standpoint of those involved in it. ... This approach to producing theory and research encourages sociologists to view those studied as thinking and feeling subjects as opposed to objects of scientific research.
A society, or a human society, is a group of people involved with each other through persistent relations, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.
2. Capitalism is a system of economic production whereby business owners (capitalists) acquire the means of production (capital) and hire workers who get paid for their labor. Capitalism is defined by private property rights, capital accumulation and re-investment, free markets, and competition.