SOC 100 Lecture Notes - Lecture 3: Bourgeoisie, Conflict Theories, Proletariat

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Who is the 1%: oprah, bill gates, steve jobs, donald trump, successful ceo"s, white, male. Inequality: we do work hard to get ahead, sees society as a system, society is a plot of interlocking parts, so if any one of those parts don"t work. In the us, we believe in individualists and exceptionalist society falls apart: as a worker, we need to fulfill roles. Income: receipt of money or goods over a particular accounting period: wealth: net value of assets owned by individuals or family, real estate, net financial assets, not including debt. There are lots of ways to measure socioeconomic status. Inequality of well-being: health, exposure to crime and violence, environmental health risks, general level of happiness. Marx and conflict theory: he determined that there are 2 classes, these classes are determined by 1 one thing by similar life chances of relationship to means of production.

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