Chapter 8 Flashcards
According to Weber, a large group of people who rank close to one another in property, power, and prestige; according to Marx, one of two groups: capitalists who own the means of production or workers who sell their labor.
Social class.
Material possessions: includes animals, bank accounts, bonds, buildings, businesses, cars, cash, commodities, copyrights, furniture, jewelry, land and stocks.
Property
The total value of everything someone owns, minus the debts.
Wealth
Money received, usually from a job, business or assets.
Income
The ability to carry out your will, even over the resistance of others.
Power
C Wright Mills’ term for the top people in US corporations, military and politics who make the nation’s major decisions.
Power elite.
Ranking high or low on all three dimensional of social class.
Status consistency
Ranking high on some dimensions of social class and low on others; also called status discrepancy.
Status inconsistency.
The position that someone occupies in a social group (also called social status)
Status
Respect or regard
Prestige
Durkheim’s term for a condition of society in which people become detached from the usual norms that guide their behavior.
Anomie
Erik Wright’s term for a position in the class tructure that generates contradictory interests.
Contradictory class locations.
A group of people for whom poverty persists year after year and across generations.
Underclass
The change that family members make in social class from one generation to the next
Intergenerational mobility
Movement up the social class ladder.
Upward social mobility