SOCI 1005 Lecture Notes - Lecture 6: Social Capital, Redistribution Of Income And Wealth, Wilbert E. Moore

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Week 7: social inequality: social stratifcation: social stratification: organization of society divided into layers or strata, e. g. based on income, wealth, or social status. Caste, feudal and industrial class systems of stratification: organized systems of stratification in societies vary culturally and historically. Indian caste system emerged around 1200 bce with four main levels; still affects hiring and promotion practices as well as cultural attitudes toward marriage arrangements today. Feudal systems: social organization based in system of promises and obligations, supported by military/legal (and religious) infrastructure, duties (e. g. protection/security) performed in exchange for land, emerge during periods of instability and unrest. Measures of economic inequality in canada: income quintile shares: the income quintile share measures and compares the share of total income earned by each fifth of the population, ranked by income. Income quintile shares in canada, economic families of two or more. Limitations to income as a sole measure of inequality:

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