Advantages And Disadvantages Of Stratification Monopoly

The film Roger & Me shows the rise and fall of an industrial city, Flint, MI. Knowing that Sociology was born during the industrial revolution makes this movie a fascinating choice, considering it displays the fall of an industrial city. It gives a wonderful opportunity to evaluate many different sociological perspectives. Personally, before watching this video, I thought that Flint was just a dead town filled with a bunch of lazy, violent people. A couple of concepts that I would like to focus on in this paper is GM’s bureaucracy, that lead to downward social mobility, causing people to stereotype the ex-GM workers.

Another part of my research included looking at other factors that relate to social stratification there are huge gaps in this area in regard to income, wealth, power, and prestige. Social stratification is defined in our book as the ranking of people and the rewards they receive based

We live in a society of competition driven by goals to meet financial economic standards. Regardless of where we live around the world each system consists of stratification and is supported by some acceptable legitimating rationales. In the textbooks, “The Practical Skeptic: Core Concepts in Sociology” and “The Practical Skeptic: Readings in Sociology” by Lisa J. McIntyre provided great details of stratification and legitimating rationales grouped into three major systems: caste, estate, and class explored among rural and urbanized areas.

The Cambridge Dictionary of Sociology defines inequality as ‘the unequal distribution of opportunities, rewards, and power among and between individuals, households and groups’(1). It goes on to say that ‘the subfield of social stratification has as its main task the description and analysis of inequalities, or the makeup of the stratification system of any given society’.(1) From this one definition, we can already begin to see the strong links that lie between inequalities and social stratification. As we delve deeper into the topics, we can begin to see both the inevitability and the functionality of stratification

Social inequality can practically be made apparent at any moment of someone’s life – whether at work or school amongst peers or simply watching the news in the morning. According to Dalton Conley, social inequality is narrowly defined as “a condition in which a difference in wealth, power, prestige, or status based on nonnatural conventions exist” (2017 p.241). Moreover, social inequality is a process whereby society can determine how a class of people is expected to coexist within predetermined social, political, and economic boundaries. The affected class will live within the predefined constraints, and the affected class will then pass the predefined constraints on to future generations. It is imperative to understand that social inequality is a result of social stratification, which according to

Monopoly is a major problem involved with income inequality. Firms with monopoly power hold a position to set higher prices to consumers. They can then redistribute the income from consumers to the shareholders

Before analyzing the effects of racial stratification, one must first have an understanding of social stratification. According to James M. Henslin’s Essentials of Sociology social stratification is “the division of large numbers of people into layers according to their relative property, power, and prestige...” (p.195). This “division” can be measured through data such as poverty levels, which are recorded by the United States Census Bureau. The Bureau accounts for traits such as race and gender, which allow patterns of social and racial stratification to emerge.

Furthermore, one specific finding in analyzing the social stratification and inequality that we see today, I examine the importance in the

During Stratification monopoly each person was assigned to a social group. There were four different social groups which were middle class, lower class, upper class and the working class. I was assigned the lower class and I knew once the game started that I was going to have to work hard to stay in the game. Each person was given a different amount of money due to their social class. Being that I was in the lower class, I started the game off with five-hundred dollars, while the other members started off with one-thousand dollars or more.

The social stratification of people can be affected by many things. In most cases people are affected by economic factors. In class we watched documentaries that shows different economic struggles and other structural inequalities. The documentaries were Violence Next Door: Growing up in the Favelas and The Other Side of Immigration. They both showed different economic factors from different places.

For starters, we are all vital in understanding the construction of the social class. We each play a role and the middle class is crucial to a stable economic system. To promote further understanding of this inequality, we must accept that the rich keep getting richer and the middle class remains in their current class. If only 400 individuals have more wealth than half of the US population, then there is no denying that there is a struggle for the middle class. The one percent accumulates most of the country’s total income and wealth, which creates an overall gap between the classes. Consumer spending is 70% of the US economy, basically, the middle class is the heart of the economy since they spend

Social stratification involves various inequalities within a gender, race, class. When considering the role of gender, race, and class in the social stratification system, it affects the organization system which is known for disparity based on the families’ income statutes, lack of resources, organization activity, and systematic inadequate government law. In the following essay I will focus how social stratification inequality effect families and individuals in the United States based on a gender, race, and class. Society has lived over decades experiencing different types of inequality. For example, gender inequality has been around since our ancestors. Informing society and continuous advocating about inequality is vital for positives changes

Everyone at the top of the ladder is mostly dominant with respect to class. They get considerable benefits and privileges. In contrast, those at the bottom end are subordinates and have limited access to resources and opportunities. With the classes and social ladder present in society, there is no equality among citizens.

For example, a person’s position in life determines his or her income. Approximately 50 percent of total income is earned by richest 20% people. In 2010 the wealthiest 20% of families owned 87.7% of America’s wealth. Another factor is debt and stocks. The poor have little to no marketable assets and have a sizeable amount of debt. The top 10% also own 88% of all stock. The bottom 40% own less than 1% of total stock holdings. These examples clearly explain the inequality within society and that the amount of power that you have all depends on your social status and income. Some advantages to social stratification is that if you are a part of a wealthy family or you worked your way up the social stratification ranks, then you are granted more opportunities, money, and are more likely to get the job. I do like this part in social stratification because I do believe that If you work hard enough to get a high paying job, then you should be rewarded for your persistence and determination to better a life for yourself. Therefore, I conclude that social stratification has its pros and cons by producing both discrimination and opportunity to society though I firmly believe each person should be compensated equally based on level of education and

Social Stratification is a term used by sociologists to describe inequalities that exist between society and us as individuals and can also be described as a hierarchy with the less privileged people at the bottom and the more favoured people at the top. (Giddens, 2006)