Present at least two different sociological approaches to social inequality and discuss these approaches with reference to a concrete problem area of contemporary relevance. Social inequality can be found in various aspects of society, the question is if inequality is only caused by the lack of economical estate or if other reasons are underlining it. This essay argues how Max Weber distinguishes between social class and strata and how one often leads to the other. Furthermore, it presents Pierre Bourdieu’s notions of habitus, capital and fields as an explanation of how people can achieve different social statuses within different fields because of their capitals. At last, the two different sociological approaches to social inequality is
As Claude Vienney expressed the new social economy which take sociological and rational factor. This factors relate to an individual and enterprise activities that are regulated by government and goal of this is how profits come from and broader of community. Feature of Social economy Sometimes the social economy is defined as part of the economy that is linked to the needs of people, consumption of various goods as well as their welfare. Usually in this part of the economy include light and food industry, transport, housing and communal services, trade, education, health, and economic activity on the distribution of income (pensions, allowances, assistance to the poor, labor). Actually, the social economy is the economy of the society, formed as a result of people living together.
In other words, they appear to be qualitatively distinct from other kinds of jobs in the market.” (Pg. 258). I will touch more on the dual market theory and its importance to creating stratification later in the paper. I would also like to touch on how the filling of these jobs within these markets can be, and often times is achieved through social reproduction. Social reproduction theory which “examine how inequality is reproduced over and over again in our everyday behavior and situations…Social reproduction identifies the barriers to social mobility, barriers that constrain without completely blocking lower and working class individuals’ efforts to break into the upper reaches of the class structure”(Pg.
Marx, Durkheim and Weber agree that the economy is an important part of social organisation. 1.1 How do they differ in regard to the role that the economy plays in relation to society? According to Marx the society is considered as a result of an economic base and a social superstructure. He went further to say that the economic base determines all other social structures including religion and politics. History of the past rest on the individual who produce their own means of living therefore the resulting means of production determines their way of survival.
They are not always accurate explanations of the outcome or growth. The purpose for these models is to grasp an idea of what some economic problems may be. A model is a description of the features found below: 1. The consumers and firms that interact in the economy 2. The set of goods that consumers wish to consume 3.
Wages determine how the total income of an economy is divided among people. The determination of wages in the labor market regulates who is poor and who is rich and are therefore the main cause of economic inequality. Another cause of economic inequality is technology. Our modern day’s economy is based on technological advancements. Labor demand has shifted from low-skilled labor towards high-skilled labor.
Technical innovation: Intellectual property rights promote private investment in Research and development of innovations. Economic organisation: Specialisation facilitates transactions and co-operation, technical innovations, good business environment and investment synergy. By affecting the economic growth it affects poverty and poverty is part of the social environment. This being said means that by affecting the economic growth it also affects the social environment. There are many more links between the economic growth and the social environment that can be defined.
Chapter INTRODUCTION 1.1 Problem Summary: - Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general, it analyses how societies progress, stagnate, or regress because of their local or regional economy, or the global economy. Socioeconomics is sometimes used as an umbrella term with different usages. The term 'social economics' may refer broadly to the "use of economics in the study of society. The goal of socioeconomic study is generally to bring about socioeconomic development, usually by improvements in metrics such as GDP, life expectancy, literacy, levels of employment, etc.
These are just some of the many problem the country and the Filipino people faces each day. Parasites are those factors that drags the government economy down. However, as a Filipino, what can you do to your country? Underdevelopment of a country is a serious and a major challenge
The government may tax the private sector, and use the tax money to promote social objectives. Capitalism allows the force of demand and supply to set the prices of goods and services. Socialism fixes prices through central planning, mixed economic system allows its prices to fluctuate, and fixing other prices, such as energy. Advantages of mixed economy • As mixed economic involves both government and government enterprises, it can be able to take the benefits of capitalist such as the nature of private companies and socialist nature of government(retrieved from www.festsystem.com/businessstudies/mixedeconomy-advantagesdisadvantages) • Economic growth of the economy will be balanced as there won’t be that much inequity of income. • In the mixed economy, individuals can run their own business and make their own profit.