Blacksacademy
Sociology
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Subject: Stratification and Diversification
Title : Social Inequality
I - Social stratificationSocial inequality can be analysed in terms of three factors:
1. Power, which means the extent to which one individual or group can impose their will over another individual or group without that individual or group’s consent.
2. Prestige, which means the extent to which individuals or groups are esteemed, honoured or respected by the rest of society.
3. Wealth, which means the extent of an individual or group’s possessions, including land, property, commodities, cash, bank deposits, shares, stocks, bonds and any other form of security.
Marxists believe that power and prestige are dependent on wealth, so effectively the only prime form of social inequality is wealth. However, others disagree.
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