CAS SO 100 Lecture Notes - Lecture 11: Upper Class, Blue-Collar Worker, The Affluent Society
25 Nov 2016
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Document Summary
U. s. society has more income inequality than most other industrial societies: wealth consists of the total amount of money and other assets, minus outstanding debts. It is distributed even less equally than income: power is also unequally distributed. Occupation serves as a key source of social prestige since we commonly evaluate each other according to what we do: schooling affects both occupation and income. On average, women have less income, wealth, and occupational prestige than men. Average incomes of fifths of households in "77-"79. Very murky: partially because of high status inconsistency: the upper class. Household income is between ,000 and ,000 a year, which is about the national average: the working class make up one-third of the population. Their blue- collar jobs yield an income of between ,000 and ,000 a year: the lower class make up 20 percent of our population. Low income makes their lives unstable and insecure.
