RajeshwariAIR 2 · CSE 2025 · 176 wordsTheir whole copy
Opening · a definition
None written.
Body · points
Capitalism is a phase of economic development focused on private property and profit generation.
Capitalism as a socio-economic phenomena influenced family which is basic social institution & revolutionised it.
Advance of capitalism revolutionize family as an institution:
→ With emergence of capitalism, there is increase in mobilisation of family. The mobility is from rural to urban generally. → Advance of capitalism lead to the formation of Nuclear family from earlier versions of joint families. → Advance of capitalism impacted the family structure of basic traditional families.
→ With advance of capitalism, families revolutionise from patrilocal to neolocal due to work opportunities. Latest trend of filiocentric families also emerge. → With advance of capitalism, families break into multiple households where economic union without kinship ties are noticed. → With feminisation of workforce, the power relations of family alter due to advance of capitalism. → Children are nurtured with values aiding the capitalism in family. Family provide reserve army of labour for capitalism.
Close · a summary
Hence, family got revolutionised to meet out the institutional & structural needs of advancing capitalism.