SOCIOL 2R03 Lecture Notes - Lecture 6: Gini Coefficient, Lorenz Curve, Will Hutton
5 Oct 2016
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Lecture 6 class & class privilege (sept 26) Will hutton (1995): the 30/30/40 labour market (british example) Choose your parents carefully: social class, post-secondary education, and occupational outcomes by harvey krahn (canadian example) Wealth is stock, income if more flow (changes/fluctuates thru/o the year. Inequality isn"t same as poverty, it requires both wealth & poverty pyramid. Best way to visualize inequality is a pyramid. Typically, there are many who are poor in the lower and lower-middle parts of the pyramid. Inequality refers to how far apart the top is from the bottom, but involves the whole pyramid. Moves to the top it gets fewer ppl https://encrypted-tbn1. gstatic. com/images?q=tbn:and9gcrcug6rmu5zpnpiao- tgna28buxxvivbppev5yqxbqgazm6u0pzyw. Polarization also requires both wealth and poverty, but is conceptually missing its middle" (visualize inequality via an hourglass) Conceptually missing that middle hourglass (small middle part. Under polarization, the population is grouped into, or concentrated into, two distinct regions or poles" of the income distribution one poorer, one richer.
