SOC 0829 Lecture Notes - Lecture 2: Meritocracy, Warren Buffett, Social Register

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Social stratification: the manner in which scarce resources and social rewards are distributed among different social categories (groups: a system by which a society ranks categories of people in a hierarchy is based on four important principles: Social stratification is a trait of society, not simply a reflection of individual differences. Social stratification carries over from generation to generation. Social stratification involves not just inequality, but beliefs as well. Class: dominant class: they own the means of production, subordinated class: includes industrial workers, peasants, proletariat, capitalists, dahrendorf (1959): distinct feature of capitalism today is the corporation shareholders. Control, not ownership: warren buffet: controls means of production through shares. Status: weber argued, one"s status is based on the prestige that attached to the positions that people occupy in society, social register, william f. buckley. Power: weber, the ability to get others to do what you want, even against their will, bill clinton.

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