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Middle-class
The middle class refers to a class of people in the middle of a social hierarchy, often defined by occupation, income, education, or social status. The term has historically been associated with modernity, capitalism and political debate. Common definitions for the middle class range from the middle fifth of individuals on a nation's income ladder, to everyone but the poorest and wealthiest 20%. Theories like "Paradox of Interest" use decile groups and wealth distribution data to determine the size and wealth share of the middle class. Terminology differs in the United States, where the term ''middle class'' describes people who in other countries would be described as working class. There has been significant global middle-class growth over time. In February 2009, ''The Economist'' asserted that over half of the world's population belonged to the middle class, as a result of rapid growth in emerging countries. It characterized the middle class as having a reasonable amount o ...
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Social Class In The United States
Social class in the United States refers to the idea of grouping Americans by some measure of social status, typically by economic status. However, it could also refer to social status and/or location. There are many competing class systems and models. Many Americans believe in a social class system that has three different groups or classes: the American rich (upper class), the American middle class, and the American poor. More complex models propose as many as a dozen class levels, including levels such as high upper class, upper class, upper middle class, middle class, lower middle class, working class, and lower class, while others disagree with the American construct of social class completely. Most definitions of a class structure group its members according to wealth, income, education, type of occupation, and membership within a hierarchy, specific subculture, or social network. Most concepts of American social class do not focus on race or ethnicity as a characteris ...
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Bourgeoisie
The bourgeoisie ( , ) are a class of business owners, merchants and wealthy people, in general, which emerged in the Late Middle Ages, originally as a "middle class" between the peasantry and aristocracy. They are traditionally contrasted with the proletariat by their wealth, political power, and education, as well as their access to and control of cultural, social, and financial capital. The bourgeoisie in its original sense is intimately linked to the political ideology of liberalism and its existence within cities, recognised as such by their urban charters (e.g., municipal charters, town privileges, German town law), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system. In communist philosophy, the bourgeoisie is the social class that came to own the means of production during modern industrialisation and whose societal concerns are the value of private property and the preservation of capital t ...
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Upper-class
Upper class in modern societies is the social class composed of people who hold the highest social status. Usually, these are the wealthiest members of class society, and wield the greatest political power. According to this view, the upper class is generally distinguished by immense wealth which is passed on from generation to generation. Prior to the 20th century, the emphasis was on ''aristocracy'', which emphasized generations of inherited noble status, not just recent wealth. Because the upper classes of a society may no longer rule the society in which they are living, they are often referred to as the old upper classes, and they are often culturally distinct from the newly rich middle classes that tend to dominate public life in modern social democracies. According to the latter view held by the traditional upper classes, no amount of individual wealth or fame would make a person from an undistinguished background into a member of the upper class as one must be born in ...
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Sculpture Of A Retired Townsman As A Lay Buddhist, 17th-18th Century
Sculpture is the branch of the visual arts that operates in three dimensions. Sculpture is the three-dimensional art work which is physically presented in the dimensions of height, width and depth. It is one of the plastic arts. Durable sculptural processes originally used carving (the removal of material) and modelling (the addition of material, as clay), in stone, metal, ceramics, wood and other materials but, since Modernism, there has been almost complete freedom of materials and process. A wide variety of materials may be worked by removal such as carving, assembled by welding or modelling, or moulded or cast. Sculpture in stone survives far better than works of art in perishable materials, and often represents the majority of the surviving works (other than pottery) from ancient cultures, though conversely traditions of sculpture in wood may have vanished almost entirely. In addition, most ancient sculpture was painted, which has been lost.
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Petite Bourgeoisie
''Petite bourgeoisie'' (, ; also anglicised as petty bourgeoisie) is a term that refers to a social class composed of small business owners, shopkeepers, small-scale merchants, semi- autonomous peasants, and artisans. They are named as such because their politico-economic ideological stance in times of stability is reflective of the proper ''haute bourgeoisie'' (high bourgeoisie or upper class). In ordinary times, the ''petite bourgeoisie'' seek to identify themselves with the ''haute bourgeoisie'', whose bourgeois morality, conduct and lifestyle they aspire and strive to imitate. The term, which goes as far back as the Revolutionary period in France, if not earlier, is politico-economic and addresses historical materialism. It originally denoted a sub-stratum of the middle classes in the 18th and early-19th centuries of western Europe. In the mid-19th century, the German economist Karl Marx and other Marxist theorists used the term ''petite bourgeoisie'' to academical ...
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Social Hierarchy
Social stratification refers to a society's categorization of its people into groups based on socioeconomic factors like wealth, income, race, education, ethnicity, gender, occupation, social status, or derived power (social and political). It is a hierarchy within groups that ascribe them to different levels of privileges. As such, stratification is the relative social position of persons within a social group, category, geographic region, or social unit. In modern Western societies, social stratification is defined in terms of three social classes: an upper class, a middle class, and a lower class; in turn, each class can be subdivided into an upper-stratum, a middle-stratum, and a lower stratum. Moreover, a social stratum can be formed upon the bases of kinship, clan, tribe, or caste, or all four. The categorization of people by social stratum occurs most clearly in complex state-based, polycentric, or feudal societies, the latter being based upon socio-economic re ...
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Social Class
A social class or social stratum is a grouping of people into a set of Dominance hierarchy, hierarchical social categories, the most common being the working class and the Bourgeoisie, capitalist class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. Class is a subject of analysis for sociologists, political scientists, anthropologists and Social history, social historians. The term has a wide range of sometimes conflicting meanings, and there is no broad consensus on a definition of class. Some people argue that due to social mobility, class boundaries do not exist. In common parlance, the term social class is usually synonymous with Socioeconomic status, socioeconomic class, defined as "people having the same social, economic, cultural, political or educational status", e.g. the working class, "an emerging professional class" etc. However, academics distinguish socia ...
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Working-class
The working class is a subset of employees who are compensated with wage or salary-based contracts, whose exact membership varies from definition to definition. Members of the working class rely primarily upon earnings from wage labour. Most common definitions of "working class" in use in the United States limit its membership to workers who hold Blue-collar worker, blue-collar and Pink-collar worker, pink-collar jobs, or whose income is insufficiently high to place them in the middle class, or both. However, socialists define "working class" to include all workers who fall into the category of requiring income from wage labour to subsist; thus, this definition can include almost all of the working population of developed country, industrialized economies. Definitions As with many terms describing social class, ''working class'' is defined and used in different ways. One definition used by many socialism, socialists is that the working class includes all those who have nothin ...
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Labour Aristocracy
In Marxist and anarchist theories, the labor aristocracy is the segment of the working class which has better wages and working conditions compared to the broader proletariat, often enabled by their specialized skills, by membership in trade unions or guilds, and in a global context by the exploitation of colonized or underdeveloped countries. Due to their better-off condition, such workers are more likely to align with the bourgeoisie to maintain capitalism instead of advocating for broader working-class solidarity and socialist revolution. The concept was introduced independently by revolutionary socialists Mikhail Bakunin (in the 1870s) and Friedrich Engels (in 1858), the latter describing the emergence of trade unions consisting of such workers in Great Britain in the late 19th century. Engels' theory was further developed by Vladimir Lenin, who tied the concept to imperialism. Revolutionary industrial unions, such as the Industrial Workers of the World, used the term to ...
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Working Class
The working class is a subset of employees who are compensated with wage or salary-based contracts, whose exact membership varies from definition to definition. Members of the working class rely primarily upon earnings from wage labour. Most common definitions of "working class" in use in the United States limit its membership to workers who hold blue-collar and pink-collar jobs, or whose income is insufficiently high to place them in the middle class, or both. However, socialists define "working class" to include all workers who fall into the category of requiring income from wage labour to subsist; thus, this definition can include almost all of the working population of industrialized economies. Definitions As with many terms describing social class, ''working class'' is defined and used in different ways. One definition used by many socialists is that the working class includes all those who have nothing to sell but their labour, a group otherwise referred to as the p ...
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Social Class
A social class or social stratum is a grouping of people into a set of Dominance hierarchy, hierarchical social categories, the most common being the working class and the Bourgeoisie, capitalist class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. Class is a subject of analysis for sociologists, political scientists, anthropologists and Social history, social historians. The term has a wide range of sometimes conflicting meanings, and there is no broad consensus on a definition of class. Some people argue that due to social mobility, class boundaries do not exist. In common parlance, the term social class is usually synonymous with Socioeconomic status, socioeconomic class, defined as "people having the same social, economic, cultural, political or educational status", e.g. the working class, "an emerging professional class" etc. However, academics distinguish socia ...
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Human Capital
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital; for example, through education and training, improving levels of quality and production. History Adam Smith included in his definition of Capital (economics), capital "the acquired and useful abilities of all the inhabitants or members of the society". The first use of the term "human capital" may be by Irving Fisher. An early discussion with the phrase "human capital" was from Arthur Cecil Pigou: But the term only found widespread use in economics after its popularization by economists of the Chicago School of economics, Chicago School, in ...
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