social class
large groups with similar levels of wealth, power, and prestige
property
what people own; wealth
wealth
value of a person’s property
income
incoming wages from a job, rent, interest, or royalties
power
ability to get your way in the face of resistance
power elite
a closely knit alliance of military, gov., and corporate officials perceived as the center of wealth and political power in the US
status consistency
people with similar levels of power, property, and prestige (e.g. a poor homeless person)
status inconsistency
people with varying levels of power, property, and prestige. (e.g. an “old money” family who lost it’s wealth may continue to be influential; a lower class family may win the lottery, but still lack elite prestige)
status
the responsibilities and benefits that a person experiences according to their rank and role in society
contradictory class locations
Karl Marx theorized that there were two classes, the Bourgeise (owners of factories of production) and the proletariat (workers).
underclass
welfare-dependent families, responsible for most crime. “Intelligence is environmental and inherited and predicts success more accurately than socioeconomic indicators” no evidence to back up this theory
Intergenerational mobility
change in a family’s social class from one generation to the next
Upward social mobility
moving to a higher social class
downward social mobility
moving to a lower social class
structural mobility
society changes, causing a shift in structure
exchange mobility
so many people moving up and down the class ladder that the structure shows little change
prestige to certain jobs
Higher pay, higher education, abstract thought required, greater self direction
main consequences of social class
property, power, prestige, and socioeconomic status
social mobility effects
Moving up and down the social ladder can leave people feeling out of place or a sesnces of “anomie” or normlessness.
upper upper class
old wealth; elite group; well-established; wealth is inherited from generation to generation; members of exclusive clubs/charity sponsors; powerful
lower upper class
new wealth (nouveau riche); successful business owners; famous Hollywood actors; not fully accepted by upper-upper class
upper middle class
career focused; professionals; no unusual wealth or status; financially comfortable; active in the community
lowe middle class
white collar, non-managerial workers, or highly paid blue-collar workers; identify status with good citizenship
upper lower class
largest class segment; blue collar workers; associate status with security
lower lower class
low skilled workers; often out of work; live “paycheck to paycheck”
closed social structure
tend to be extremely rigid and allow for little social mobility
open social structure
allow for much more social mobility, both upward and downward