(6) Classism and Poverty Flashcards
What is Capitalism?
When most of the production of good and services is controlled by privately owned companies where they profit from their production, most work is pro formed by people who sell their labour to someone for money.
What is the result of capitalism?
It results in inequality and the system produces conflicts between those who work for wages and those who emloy them
What did stanford say about capitalism?
- money isn’t shared =ly and the rich just get richer.
- workers face constant insecurity in employment
- capitalism is innovative but not socially useful
- inequalities cannot be avoided in capitalism
- capitalism is not sustainable
How does Capitalism create classism?
It comes from the disproportionate distribution of wealth
Capitalism also creates classism resulting in different opportunities in each class.
What is the Low income Cutoff measure of poverty ?
It is when you take the average amount spent on nessesaties and and add 20%. this is the number used to determine poverty IN CANADA
What is the low income measure of poverty?
Measure used for INTERNATIONAL comparisons, it takes the median income and divides it in half.
What is the market based measure of poverty ?
proposed poverty measure based on the cost of consumption rather than income.
What is Opression??
a particular group or individual being oppressed due to colour, race or gender, this individuals is blocked from self-devellopment and is excluded from the full participation of society, they do not have the dominant right the dominant groups takes for granted.
What is an example of Opression?
Racism, an individuals ethnicity effects their life.
