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Social Class
A social class or social stratum is a grouping of people into a set of hierarchical social categories.
The common classification has three divisions:
- Upper Class (wealthiest member of a class society, who wield the greatest political power)
- It refers to someone who has wealth passed on by inheritance
- Middle Class (those who own small to medium sized businesses)
- In the USA, this means those who have slightly higher income than the working class
- Working Class (those who work under wage-based contracts)
- In the USA, this includes blue collar and pink collar jobs
Some people argue that due to social mobility, class boundaries do not exist.
Marx's Theory
Karl Marx defined class by one's relationship to the means of production (their relations of production).
According to him, in the modern capitalist society, the proletariat work, but do not own the means of production, and the bourgeoise, those who invest and live off the surplus generated by the proletariat's operation of the means of production, do not work at all.