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Marx explained that through the family, opportunity and wealth are passed down
from generation to generation. Moreover, the legal system defends private
property and inheritance. Finally, elite children mix at exclusive schools, forging
social ties that will benefit them throughout their lives. Capitalist society
reproduces the class structure in each new generation.
Max Weber: Class, Status, and Power
Weber saw Marxs two-class model simplistic.
Instead, he thought social stratification involves three distinct dimensions of
inequality.
The first dimension is economic inequalitythe issue so vital to Marxwhich
Weber called class position. Weber did not think of classes as crude categories
but as a continuum ranging from high to low. Webers second dimension of social
stratification is status, or social prestige, and the third is power.
Webers view of social stratification in industrial societies as a multidimensional
ranking rather than a hierarchy of clearly defined classes.
Socioeconomic status (SES)-a composite ranking based on various dimensions of
social inequality.
Global Stratification
Global Inequality The systematic differences in wealth and power that exist
between countries
Indicators of Economic Development
GDP A countrys yearly output of goods and services per person
Three economic classes as determined by the World Bank -- low,
middle, and high. (macro national level)
Global Inequality : Differences
Between Countries
Middle-Income Countries
began to industrialize
Social Class
7 https://www.boundless.com/sociology/textbooks/boundless-sociology-textbook/globalstratification-and-inequality-8/stratification-systems-67/class-estate-399-3427/ (accessed
February 18,2015)