Global Business In Australia Case Study

My parents were persistently working, day in and day out to support the life they had. If they didn't have work as strenuous as they did, the lifestyle they tried to obtain would not be possible, which is why it made them a "wage-slave." Yes, the working-class is a part of the middle class, but in reality, the working-class can be a challenging class to be a part of, due to being on the verge of poverty. Individuals are doing what it takes to keep their head afloat above the water to get by and not crumble down to poverty. For that reason, I believe that's why there are so many working-class individuals. Middle-class people don't want to live in poverty but being wealthy is a difficult task to achieve, so they do the bare minimum to just get by and not to be classified as part of poverty and that's how they land in the context of the middle-class but rather more as a

Despite the debates about social class, the United States is usually described as having four major social classes, the elite or upperclass, the middle class, the working class, and the lower class (Goldscmidt). Classes are generally differentiated by income, education, and occupation although other factors do have an effect. The upperclass consists of about 1% of the population making 750,000 dollars or more a year as investors, top executives, or heirs to large fortunes (Hughes and Jenkins). There tends to be no question about who is in the upperclass as they are pretty clearly isolated in their power and wealth. The middle class makes up about 40% of the population making anywhere from 40,000 to 749,999 dollars a year (Hughes and Jenkins). The large disparity in income and wealth have led to a further division of this class into upper-middle class and middle class in some circles. The middle class usually work white collar jobs as professionals and managers, however some highly skilled blue collar workers are included. Those in the middle class have usually obtained higher education degrees and place a high value on individual responsibility for one’s class (Goldschmidt). The working class is composed of about 50% of the population earning 13,000 to 39,000 dollars a year (Hughes and Jenkins). Some also divide this class into a working class and a

“Social class refers to a group of people within a society who possess roughly the same socioeconomic status.” (“Social Class”)

The concept of social class has been around for ages and is still a part of today’s society. Social class is not only based on the individual’s wealth but also on their social standing such as; monarchs, priests, nobles, merchants, and peasant class. The peasant class was practically ignored, which means that the higher classes would only pay attention to each other. This can be the case in society today, there are some people who feel that their career makes them higher than a janitor. Even though humans have been around for centuries, social class is still a big issue.

Society is set up into a hierarchical triangle that essentially determines social class. A social class is any person or group of people with the same educational, social or economical status. Social class can be broken down into many different categories such as race, age, gender, economic status, educational status and many more. Social class can be measured in many different ways such as financial status, family values, appearance, and demeanor. In America there are six main economical social classes which are the: Very poor, Poor, Working class, Middle class, Upper middle class, and the ruling class.

Australia. A country associated with the ideals of mateship, integrity and equality; a nation renowned for its people and characterised by the strong belief in ‘a fair go’. Australia’s history is one of a constant belief in the value of egalitarianism, amid changing levels of inequality. Many have said that this ideology is culturally ingrained in the Australian identity; however, the notion of Australia as a classless nation is a persistent myth of egalitarianism that must now be superseded. It manifests in an unwillingness to acknowledge the causes of the deep inequalities that permeate Australian society.

Social class describes the different "layers" that exist in society. These "layers," or classes in society, are a division that civilization has been running on ever since the beginning of mankind. In most modern societies, our system of social class division is one of opportunity. We experience a good deal of social mobility, where people through generations or in their own lifetime can move up or down the social scale. By examining the many different perceptions of social class along with S.E. Hinton's The Outsiders, it is illustrated that social class has an impact on people while they are growing up, and will usually deny them from rising above adversity.

Looking at this in an Australian context, there is a larger variation and fluctuation between class determinations compared to Karl Marx who believed social class was only determined by the factor of property (Henslin and Possami-Inesedy 2014). Analysing

Globalisation is not new. Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include:

Social Class is a division of a society based on social and economic status. In today’s society there are three main social groups in America: upper, middle, and lower class; these rankings are contributed by mass amounts of factors, but one of the main factors that people cannot control is their race and ethnicity. Race and ethnicity, likewise as gender, can also play a part in a variety of other concerns such as, education level, income, and where you reside.

Social class is defined as 'people having the same social or economic status' (Wordnet). In contemporary American society, social class is based on the amount of money and property you have and also prestige. Prestige is given to a person through the line of work or the family that they come from. For example, upper-upper class member Jennifer Lopez reeks of prestige not only because she has millions of dollars in her bank account, but she has very expensive luxuries, cars, and houses.

Social class refers to the system of stratification of the different groups of people in a society. These different forms of classification are, in most instances, based on gender ethnicity and age. Social class makes everyone’s lives extremely different. For example: How long one can expect to live. In a wide range of ways, from success, to one’s health class, social class influences people’s lives (Grusky,2003).

According to McGregor (1989) class is the main cause of inequality and social injustice in Australia.  The prime explanation for this is that members of different class groups begin their lives with unequal opportunities, this affects the education they will receive, the social connections they will make and even the way they speak and behave.  McGregor also argues that the class one belongs to is determined by many factors, these include; power, family background, wealth, lifestyle, mannerisms, social interactions, and employment. Class can be separated into three categories, upper class, middle class and lower class.

With the loss of the majority of traditional working class industrial jobs from the market, a new 'underclass', below working class emerged. The 'underclass', defined as unemployed relying on state benefits, is the new bottom of the British class system."[12] "Since the 1950s there has been a massive growth of the middle class. But there has also been the emergence of a sizeable 'underclass', as category E is commonly known."[13] As opposite, in the 1990s, according to Andrew Adonis and Stephen Pollard there have been discovered a new upper middle class described as 'the super class', which consisted of elite professionals and managers, which held high salaries and share ownership.[14] Because of such situation, caused by the fact that the middle class is mobile and fluid, there has been significant change in percentages of households since 1992. As the middle class is expanding, percentages of categories A, B and C1 have increased, and percentages of categories C2, D and E have decreased. "The middle class, in particular, has great fluidity and mobility. ... Over half of today's middle class started life in the working class."[15] But difficulties arise when "despite this fluidity, the elite of society, itself a segment of the professional class, takes great care to protect itself. This includes the 'gentry' class made up mainly of landowners, and others who move in the most exclusive English social

Traditionally Australians have believed in and conveyed the myth of Australia as a fair , egalitarian society without excess wealth or poverty, however we are definitely not a classless society. Australia's education system has been and remains one of the most unequally distributed social resources and could possibly be regarded as the main source of inequality in our society (Encel 1970; Anderson & Vervoorn 1983; as cited in Jamrozik, 2009). Now more than ever, Australia's education system is acting as a kind of 'sorting out' mechanism, allocating people to certain stations within