SOCI-100 Chapter Notes - Chapter 103-106 108-112: Social Safety Net, Friedrich Engels, Meritocracy
13 Feb 2018
School
Department
Course
Professor
Document Summary
Net worth and class structure: net worth: total assets calculated by subtracting all existing financial liabilities from assets, as your income goes up, your net worth goes up dramatically. Their parents cannot take time to volunteer, or donate to the school. Poverty reduction: federal programs and policies designed to provide income security are effective at reducing poverty. Old person pension: social safety net: services and programs designed to lessen financial burdens experienced by low-income groups, 8 cents out of every dollar is put towards social infrastructure including transit, libraries, and parks. Stratification is a byproduct of capitalism: class based system of stratification is inevitable. Once basic needs are met, the bourgeoise and the proletariat emerge, with the bourgeoise taking advantage of the proletariat according to. Friedrich engels and karl marx: karl marx believes that because we own things this leads to competition, which ultimately leads to conflict and class distinction.
