Show Me The Money By Walter Mosley Summary

In Chapter 6 of Game On, “Follow the Money,” Tom Farrey argues that athletics scholarships are not nearly as helpful as they seem. Instead, Farrey asserts that we should observe most scholarships in a negative light because they turn players into unpaid professional athletes that often don’t have enough money to live on a college campus (Farrey 133). While Farrey’s argument is certainly substantive, he views scholarships in a much different perspective than what I believe is prudent. Scholarships are a fantastic way to reach higher, but not free education.

Socioeconomic class is a class of a group of people having the same social, economic, or educational status. The working class and emerging professional class comes under the socioeconomic class. The socioeconomic varies by different factors such as gender, race and social class. Money is involved when we talk about socioeconomic class but there is more to it. For example, a waitress earning $7 per hour and wins a jackpot of $1 million won’t be in the same situation as the one whose business is worth $1 million. And this is what we will discuss further in one of the films.

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

First of all ; “Social is a set of concepts in the social sciences and political theory cantered on models of social stratification in which people are grouped into a set of hierarchical social categories”.(Andrew, 2001) There are three common stratum model ; upper class , middle class and lower class. These classes divided according to little concepts: upper class(wealthy and powerful) owns and controls production; a middle class is small business owners, and low-level directors and a lower class having low-paying wage jobs and rarely getting money but also having enough money to live . The upper class is the social class contains people who are rich or wellborn or both. The middle class also named Bourgeoisie is group of people in society who stay socio-economically between the lower and upper classes. However lower class are those people who employed in low-paying wage jobs also persons with low income.

After reading Michael Zweig's “The Working Class Majority: America's Best Kept Secret”, I read and was able to determine his own perspective of class. Zweig says that the United States is not a middle class society and that the majority of Americans today are part of the working class. He defines class as power, power in the workplace, cultural, economic, and political and in the larger society and not so much the income. I think he defines class as power due to the fact that we as people have the power to experience class in many ways. We are all born and raised differently and all come from cultural backgrounds. He briefly explains how there is a high class and low class depending how you were raised. I can agree with him on that statement to an extent personally due to the fact that sometimes the worst parents in the universe can raise you, but you alone can show yourself a thing or two about morals and life lessons simply by living them. That does not mean that your parents don’t play a

The very poor class contains all citizens that have a very low economic status. Most have no economic security, are unemployed, and have no education after high school. American citizens in this class have just enough money to survive. The poor class includes any American citizen who does not have enough money to have basic necessities. The working class includes American citizens who have enough to provide basic needs for their family. They do not have some of the simple luxuries; if they do; they have to save up to buy it. In the middle class, most citizens go to college. People in the middle class do not necessarily live paycheck to paycheck, but have enough money to spend on leisure. The next social class in America is the upper middle class, whose citizens mainly attend private or charter schools. ( Hancock, 1998). They hold professions such as doctors and

This book is great for clients because it provides the fundamentals of the economic classes in America. Leondar-Wright starts off by defining who falls into which class and the unequal distribution in our country. She states, “two-thirds of Americans are working-class, low-income, or low-middle-class” which is an unsettling fact (Leondar-Wright, p. 2). Although most people believe that many Americans identify themselves as “middle-class,” Leondar-Wright reveals that this is false and that working-class is a more appropriate term. Working-class, as Leondar-Wright defines it, is someone who has little education, one non-luxury house, and has a job consisting of physical labor (p. 1). As you can see this applies to many more people than originally thought.

Since the beginning of time there has been separation of economic classes; the poor, middle class, working class, and upper class. Most people are considered or identifies as middle class or the working class.

Looking at the article “Class Matters” by Peter Sacks, Social classes are divisions in society, which are based on social and economic status. People from a similar social class have a distinct level of power and wealth within a given community or country. The most common social groupings, based on status, are the upper, the middle, and the lower social classes. The precise considerations of determining these hierarchical social categories vary from time to time. Many researchers have come up with different perspectives as far as social stratification is concerned. According to Karl Marx, social stratification is a result of one's position in the hierarchy of factors of production. Therefore, social stratification is a manifestation of financial muscle within society further creating the divide within social groupings as seen through educational divides and inequalities that lie in many aspects of life.

Today increasingly American are trying to get better jobs to have and give a better quality for them and their families. That is why poor people go to college or schools to get skills that qualify them to do so to improve their conditions of life. And then changing status socio-economic from poor to middle class. As indicated by the meanings of US social classes announced in 2014 the working-class wage run from 30,000 to 350,000 yearly being separated in lower, middle, and upper working class individually that relate to a 78.5 of the populace. Despite what many would state that the white-collar class is vanishing.It is somewhat unsure if yes or no and that could be wrangled as demonstrated by everybody: The American, working class, is winning because there are components that show the opposite is guessing(Harsanyi)such as more income, better quality of life and gaining economy.

Of this group, about 1/3rd belongs to the upper-middle class. The annual income of person belonging to this group is $70-$75,000. The jobs that the typical upper-middle class person holds would have a prestige rating of 65 or higher. 2/3rd?s of the middle-class population is the lower-middle class. White-collared individuals make up the majority of this class, earning anywhere from $30,000 to $60,000 a year. Lower-middle class Americans have a set standard of priorities. They take pride in the fact that they are financially stable, and promote hard work, and press on education. Without education, the members feel that they would not be where they are economically, and preach the importance to their children so that they, too, can live a lifestyle very similar to that of theirs (Norton).

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).

            The United States is a nation of diverse cultures.  People are classified as rich, middle class, or poor.  The rich are considered well educated and highly paid professionals; the middle class are semi-professional and educated working middle class; and the poor are the working under class with very little to no education.  Income is the most prominent indicator of class status, and education to occupation and income.

Socio-economic class is reflective of occupation and education, combined with wealth and income to position one relative to others in society. These factors play a significant role in shaping someone's life chances and choices. Social class has much to do with who we are today. For example, access to jobs and education is often determined through the categories of social location and identity. White, middle-class/wealthy, men and women, statistically speaking, are given more access to college entrance and corporate executive employment than to any other persons of any

In the United states, social classes is a controversial issue in terms of defining the actual nature of the classes themselves. Many individuals have categorized the society into three elementary groups that is the “poor”, “middle class” and the “rich”. Additionally, a more complex system of social classes is derived from the three elementary classes. In this regard, a four-class system includes “the capitalist/upper class”, “the middle class”, “the working class” and “the lower class” (Thompson, 2005). Moreover, sociologists have expanded the for-class system into a six class system includes “the capitalist or upper class”, “the upper-middle class”, “the middle class”, “the working class”, “the lower-working class” and “the lower class”.