Social Class Inequality (workplace) For Middle/upper Class Advantage Flashcards
Scott
The social closure exercised by the upper class ensures they have the highest concentration of wealth. E.g. intermarriage, high culture and the old boy network means they secure better jobs through connections made at private schools
Milburn
Cosy club‘ UK’s top jobs remain “disproportionately held by people from a narrow range of backgrounds”.
Rowlingson and mullineux
Wealthy people can become insulated from the lives of others (social closure), they have more political influence and this can be a threat to the democratic process. Those on higher incomes are also more likely to receive an inheritance of high value.
Who
Scott, milburn, rowlingson and millenuex, high pay centre 2012
The high pay centre 2012
The total pay of chief executives of the 100 largest companies on the London Stock Exchange had risen by 49% compared with average increases of less than 3% for their employees. Chief executives average pay = £4.2m, 145 times more than their employees and 162 times more than the average working Britain.