Lecture 8 Flashcards
status attainment
process by which individuals mobilize and invest resources for returns in socio-economic standing
matthew effect
the rich becomes richer and the poor becomes poorer (due to sticking with people from your social class)
status attainment model
intergenerational occupational mobility - the degree and pattern of association between the kinds of work done by parents and offspring
Bourdieu’s reproduction theory
theory emphasizes that ruling and intellectual classes do maintain unequal power structures
social reproduction
the transmission of inequality across generations (and its advantages and disadvantages)
Piketty’s ideas
- returns on capital/wealth are larger with the growth of the economy
- people that have capital/wealth benefit more
- transfer of wealth occurs within families across generations
Gini coefficients
measuring income or wealth inequality among a population
theory of social resources
- social resources exert effect on the outcome of an instrumental action
- social resources are affected by the strength of original position of ego
- social resources are affected by the use of weaker rather than strong ties
Granovetter
- social networks influencing the labor market
- weak ties are important
- causes diffusion of information, makes you mobile in labor market
- trade-offs might be involved in terms of wages