SOC102H1 Chapter Notes - Chapter 4: The Communist Manifesto, Class Conflict, Social Inequality
Document Summary
Quality of life also depends on having communities that ensure the active participation of indicuals within society. Top 1% of canadians earn 10% of the total income. Life chances make it harder for people to move up the ladder. Marx and engles moved to london where is was more politically stable and economically advanced. All of history was driven by class conflict and as societies moved from on form of production to another, the classes in control changed. Bourgeoise is the capitalist class, which owns and controls the means of production, inducing factories, banks and labour. Proletariat the subordinate class in capitalist society, who work for wages from the bourgeoisie. Capital is wealth in the form of money or assets, used or invested in the production of goods. Petty bourgeoise is the lower middle class, made up of people who own the means of production on a small scale, including artisans and owners of small shops.
