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Stratification of Socioeconomic Groups - Essay Example

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The paper "Stratification of Socioeconomic Groups" highlights that according to the conflict theory, the capitalist economy unfairly privileges the rich in the society, who have the power to manipulate and perpetrate an unfair system that operates to their advantage…
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Stratification of Socioeconomic Groups
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Extract of sample "Stratification of Socioeconomic Groups"

Conflict theory applies to stratification. It holds that inequality adversely affects society because it brings about a fixed system of losers and winners. In this case, the losers are the less privileged in society while the rich and powerful are the winners.

In America, the conflict theory of stratification fits as it is exhibited in the strata of race, gender, and class. In this case, other races except for the white from America are considered as the least in society. In terms of gender, females are regarded as an inferior or minority group. In this case, women are disregarded especially in elective and appointive positions in the government. Lastly, stratification according to class is demonstrated by dividing society into lower, middle, and higher classes. This is done according to the level of income and the standard of lifestyle for each family.

I think my family can be placed in the middle-class category. This is because, though we do not lack basic requirements like those in the lower class, we do not have access to luxurious goods and services like those enjoyed in the first class. To move to the first-class category, we may require a lot of savings and investment. Once the investment starts bringing income, that way we can afford luxury goods and services. Read More
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