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