MARK320 Lecture Notes - Lecture 12: Social Class In The United States, Disposable And Discretionary Income, Ascribed Status
Document Summary
Topic 12 - income, social class, family structure. Yes but only up until a threshold point: provides personal autonomy at the expense of some stress. Coleman"s approach to class structure in north america. Real lower-lower (7%) - on welfare, visibly poverty-stricken, usually out of work (or have the. Taste cultures, codes and cultural capital taste culture - differentiates people in terms of their aesthetic and intellectual preferences, Status symbols what matters is having/ displaying more wealth/ fame than others invidious distinction - we buy thing to inspire envy in others through our display of wealth or power keeping up with the jonses, the kardashians, etc. Potlatch - a ceremonial feast where possessions are given away or destroyed to display wealth or enhance prestige. Red sneakers effect - people that are high status can engage in consumption acts that are non traditional, can afford" to, differentiate the individual and is a display of uniqueness.