Social classes are economic or cultural arrangements of groups in society. Class is an essential object of analysis for sociologists, political scientists, economists, anthropologists and social historians. In the social sciences, social class is often discussed in terms of 'social stratification'. In the modern Western context, stratification typically comprises three layers: upper class, middle class, and lower class. Each class may be further subdivided into smaller classes (e.g. occupational).
The most basic class distinction is between the powerful and the powerless. Social classes with a great deal of power are usually viewed as "the elites" within their own societies. Various social and political theories propose that social classes with greater power attempt to cement their own ranking above the lower classes in the hierarchy to the detriment of the society overall. By contrast, conservatives and structural functionalists have presented class difference as intrinsic to the structure of any society and to that extent ineradicable.
In Marxist theory, two basic class divisions owe to the fundamental economic structure of work and property: the proletariat and the bourgeoisie. The capitalists own the means of production, but this effectively includes the proletariat as they are only able to sell their own labour power (See also: wage labour). These inequalities are normalised and reproduced through cultural ideology. Max Weber critiqued historical materialism (or economic determinism), positing that stratification is not based purely on economic inequalities, but on other status and power differentials. Social class pertaining broadly to material wealth may be distinguished from status class based on honour, prestige, religious affiliation, and so on.
Theorists such as Ralf Dahrendorf have noted the tendency toward an enlarged middle class in modern Western societies, particularly in relation to the necessity of an educated work force in technological economies. Perspectives concerning globalization and neocolonialism, such as dependency theory, suggest this owes to the shift of low-level labourers to developing nations and the Third World. Developed nations have thereby become less directly active in primary industry (e.g. basic manufacturing, agriculture, forestry, mining, etc.) and increasingly involved with "virtual" goods and services. The national concept of "social class" has therefore become increasingly complex and confused.
Determinants of class positionEdit
In so-called non-stratified societies or acephalous societies, there is no concept of social class, power, or hierarchy beyond temporary or limited social statuses. In such societies, every individual has a roughly equal social standing in most situations.
In class societies a person's class status is a type of group membership. Theorists disagree about the elements determining membership, but common features appear in many accounts. Among these are:
- Relationships of production, ownership and consumption
- A common legal status, including ceremonial, occupational and reproductive rights
- Family, kinship or tribal group structures or membership
- Acculturation, including education
Classes often have a distinct lifestyle that emphasizes their class. The most powerful class in a society often uses markers such as costume, grooming, manners and language codes that mark insiders and outsiders; unique political rights such as honorary titles; and, concepts of social honour or face that are claimed to only be applicable to the in group. But each class has distinctive features, often becoming defining elements of personal identity and uniting factors in group behaviour. French sociologist Pierre Bourdieu suggests a notion of high and low classes with a distinction between bourgeois tastes and sensitivities and the working class tastes and sensitivities.
Race and other large-scale groupings can also influence class standing. The association of particular ethnic groups with class statuses are common in many societies. As a result of conquest or internal ethnic differentiation, a ruling class is often ethnically homogenous and particular races or ethnic groups in some societies are legally or customarily restricted to occupying particular class positions. Which ethnicities are considered as belonging to high or low classes varies from society to society. In modern societies strict legal links between ethnicity and class have been drawn, such as in apartheid, the Caste system in Africa, and in the position of the Burakumin in Japanese society.
A distinction often made is that of Ascribed status versus Achieved status. This deals with difference between obtained class identification, and whether social standing is determined at birth or earned over a lifetime. Achieved statuses are acquired based on merit, skills, abilities, and actions. Examples of achieved status include being a doctor or even being a criminal—the status then determines a set of behaviors and expectations for the individual.
Consequences of class positionEdit
Different consumption of social goods is the most visible consequence of class. In modern societies, it manifests as income inequality, though in subsistence societies it manifested as malnutrition and periodic starvation. Although class status is not a causal factor for income, there is consistent data that show those in higher classes have higher incomes than those in lower classes. This inequality still persists when controlling for occupation. The conditions at work vary greatly depending on class. Those in the upper-middle class and middle class enjoy greater freedoms in their occupations. They generally are more respected, enjoy more diversity, and are able to exhibit some authority. Those in lower classes tend to feel more alienated and have lower work satisfaction overall. The physical conditions of the workplace differ greatly between classes. While middle-class workers may “suffer alienating conditions” or “lack of job satisfaction”, blue-collar workers suffer alienating, often routine, work with obvious physical health hazards, injury, and even death.
In the more social sphere, class has direct consequences on lifestyle. Lifestyle includes tastes, preferences, and a general style of living. These lifestyles could quite possibly affect educational attainment, and therefore status attainment. Class lifestyle also affects how children are raised. For example, a working-class person is more likely to raise their child to be working class and middle-class children are more likely to be raised to be middle-class. This perpetuates the idea of class for future generations.
Theoretical models of class seek to explain how class relationships come into being, and why particular class relationships exist across broadly similar societies.
The Marxist conception of class involves a collective group of individuals that share similar economic and social relations relative to each other in society. A class is a group with intrinsic tendencies and interests that are different from, and may be opposed to the interests of other groups in society. For example, it is in the laborer's best interest to maximize wages and benefits and in the capitalist's best interest to maximize profit at the expense of such, leading to a contradiction within the capitalist system, even if the laborers and capitalists themselves are unaware of these class dichotomies.
For Marx, class involves two factors:
- Objective factors
- A class shares a common relationship to the means of production. That is, all people in one class make their living in a common way in terms of ownership of the things that produce social goods. A class may own things, own land, own people, be owned, own nothing but their labor. A class will extract tax, produce agriculture, enslave and work others, be enslaved and work, or work for a wage.
- Subjective factors
- The members will necessarily have some perception of their similarity and common interest. Marx termed this Class consciousness. Class consciousness is not simply an awareness of one's own class interest (for instance, the maximisation of shareholder value; or, the maximization of the wage with the minimization of the working day), class consciousness also embodies deeply shared views of how society should be organized legally, culturally, socially and politically.
The first criteria divides a society into the owners and non-owners of means of production. In capitalism, these are capitalist (bourgeoisie) and proletariat. Finer divisions can be made, however: the most important subgroup in capitalism being petite bourgeoisie (small bourgeoisie), people who possess their own means of production but utilize it primarily by working on it themselves rather than hiring others to work on it. They include self-employed artisans, small shopkeepers, and many professionals. Jon Elster has found mention in Marx of 15 classes from various historical periods.
|Social mode of production||Ruling classes||other classes||example society|
|Primitive communism||No classes||Many pre-agricultural societies|
|Asiatic mode of production||Bureaucrats or theocrats||[unnamed class]||Archaic Egyptian society|
|Slave societies||Slave owners, Patricians||Plebeians, freemen, slaves||16th to 19th century America, Ancient Rome|
|Feudal societies||Landowners, clergy||guild masters, journeymen, serfs||12th century Western Europe|
|Capitalist societies||Industrial and financial capitalists||the petit bourgeoisie, the peasantry, wage labourers||19th century Europe until present|
A prerequisite for classes is existence of sufficient surplus product. Marxists explain the history of "civilized" societies in terms of a war of classes between those who control production and those who produce the goods or services in society. In the Marxist view of capitalism, this is a conflict between capitalists (bourgeoisie) and wage-workers (the proletariat). For Marxists, class antagonism is rooted in the situation that control over social production necessarily entails control over the class which produces goods—in capitalism this is the exploitation of workers by the bourgeoisie.
Marx himself argued that it was the goal of the proletariat itself to displace the capitalist system with socialism, changing the social relationships underpinning the class system and then developing into a future communist society in which: "..the free development of each is the condition for the free development of all." (Communist Manifesto) This would mark the beginning of a classless society in which human needs rather than profit would be motive for production. In a society with democratic control and production for use, there would be no class, no state and no need for money.
Vladimir Lenin has defined classes as "large groups of people differing from each other by the place they occupy in a historically determined system of social production, by their relation (in most cases fixed and formulated in law) to the means of production, by their role in the social organization of labor, and, consequently, by the dimensions of the share of social wealth of which they dispose and the mode of acquiring it." A Great Beginning
The most important transformation of society for Marxists has been the massive and rapid growth of the proletariat the last two hundred and fifty years. Starting with agricultural and domestic textile laborers in England and Flanders, more and more occupations only provide a living through wages or salaries. Private manufacturing, leading to self-employment, is no longer as viable as it was before the industrial revolution, because automation made manufacturing very cheap. Many people who once controlled their own labor-time were converted into proletarians through industrialization. Today groups which in the past subsisted on stipends or private wealth—like doctors, academics or lawyers—are now increasingly working as wage laborers. Marxists call this process proletarianization, and point to it as the major factor in the proletariat being the largest class in current societies in the rich countries of the "first world."
The increasing dissolution of the peasant-lord relationship (see pre-capitalist societies), initially in the commercially active and industrializing countries, and then in the unindustrialized countries as well, has virtually eliminated the class of peasants. Poor rural laborers still exist, but their current relationship with production is predominantly as landless wage labourers or rural proletarians. The destruction of the peasantry, and its conversion into a rural proletariat, is largely a result of the general proletarianization of all work. This process is today largely complete, although it was arguably incomplete in the 1960s and 1970s.
Dialectics, or historical materialism, in Marxist class Edit
Marx saw class categories as defined by continuing historical processes. Classes, in Marxism, are not static entities, but are regenerated daily through the productive process. Marxism views classes as human social relationships which change over time, with historical commonality created through shared productive processes. A 17th century farm labourer who worked for day wages shares a similar relationship to production as an average office worker of the 21st century. In this example, it is the shared structure of wage labour that makes both of these individuals "working class."
Objective and subjective factors in class in Marxism Edit
Marxism has a rather heavily defined dialectic between objective factors (i.e., material conditions, the social structure) and subjective factors (i.e. the conscious organization of class members). While most Marxism analyses people's class based on objective factors (class structure), major Marxist trends have made greater use of subjective factors in understanding the history of the working class. E.P. Thompson's The Making of the English Working Class is a definitive example of this "subjective" Marxist trend. Thompson analyses the English working class as a group of people with shared material conditions coming to a positive self-consciousness of their social position. This feature of social class is commonly termed class consciousness in Marxism, a concept which became famous with Georg Lukács' History and Class Consciousness (1923). It is seen as the process of a "class in itself" moving in the direction of a "class for itself," a collective agent that changes history rather than simply being a victim of the historical process. In Lukács' words, the proletariat was the "subject-object of history", and the first class which could separate false consciousness (inherent to the bourgeois's consciousness), which reified economic laws as universal (whereas they are only a consequence of historic capitalism).
Template:Expand section The seminal sociological interpretation of class was advanced by Max Weber. Weber formulated a three-component theory of stratification, with class, status and party (or politics) as subordinate to the ownership of the means of production, but for Weber how they interact is a contingent question and one that will vary from society to society. Weber is also known for his six "American Dream" Values which are: 1) Hard work, 2) Universalism, 3) Individualism, 4) Wealth, 5) Activism, and 6) Rationality.
Schools of sociology differ in how they conceptualize class. A distinction can be drawn between analytical concepts of social class, such as the Marxian and Weberian traditions, and the more empirical traditions such as socio-economic status approach, which notes the correlation of income, education and wealth with social outcomes without necessarily implying a particular theory of social structure. The Warnerian approach can be considered empirical in the sense that it is more descriptive than analytical.
The traditional `pigeon-holing' mainstay of much of the advertising industry used to be that of social class. Recently, however, as affluence has become more widespread, the process has become much less clear. It is now argued that the new `opinion leaders' come from within the same social class. The class groupings that were traditionally used by advertising agencies (for example in the NRS social grade schema were: AB - Managerial and professional, C1 -Supervisory and clerical, C2- Skilled manual, DE-Unskilled manual and unemployed.) have been reported to be of decreasing value in recent decades, especially in the distinction between clerical workers and manual workers in education and disposable income.
Whereas some four decades ago, when these groupings were first widely used, the numbers in each of the main categories (C, D and E) were reasonably well balanced, today the C group in total (although now usually split to give C1 and C2) forms such a large sector that it dominates the whole classification system and offers less in terms of usable concentration of marketing effort. 
William Lloyd WarnerEdit
An early example of a stratum class model was developed by the sociologist William Lloyd Warner in his 1949 book, Social Class in America. For many decades, the Warnerian theory was dominant in U.S. sociological theory.
Based on social anthropology, Warner divided Americans into three classes (upper, middle, and lower), then further subdivided each of these into an "upper" and "lower" segment, with the following postulates:
- Upper upper class. "Old money." People who have been born into and raised with wealth; mostly consists of old "noble" or prestigious families (e.g., Earl of Shrewsbury, Vanderbilt, Rockefeller).
- Lower upper class. "New money." Individuals who have become rich within their own lifetimes (e.g., entrepreneurs, movie stars, top athletes, as well as some prominent professionals).
- Upper middle class. Professionals with a college education, and more often with postgraduate degrees like MBAs, Ph.D.s, MDs, JDs, MSs, etc. (e.g., doctors, engineers, dentists, lawyers, bankers, corporate executives, head teachers, university professors, scientists, pharmacists, airline pilots, ship captains, actuaries, high level civil servants, politicians, and military officers, architects, artists, writers, poets, and musicians).
- Lower middle class. Lower-paid white collar workers, but not manual laborers. Often hold Associates or Bachelor degrees. (e.g., police officers, fire fighters, primary and high school teachers, accountants, nurses, municipal office workers and low to mid-level civil servants, sales representatives, non-management office workers, clergy, technicians, small business owners).
- Upper lower class. Blue-collar workers and manual labourers. Also known as the "working class."
- Lower lower class. The homeless and permanently unemployed, as well as the "working poor."
To Warner, American social class was based more on attitudes than on the actual amount of money an individual made. For example, the richest people in America would belong to the "lower upper class" since many of them created their own fortunes; one can only be born into the highest class. Nonetheless, members of the wealthy upper-upper class tend to be more powerful, as a simple survey of U.S. presidents may demonstrate (i.e., the Roosevelts; Kennedys; Bushes).
Another observation: members of the upper lower class might make more money than members of the lower middle class (i.e., a well-salaried factory worker vs. a secretarial worker), but the class difference is based on the type of work they perform.
In his research findings, Warner observed that American social class was largely based on these shared attitudes. For example, he noted that the lower middle class tended to be the most conservative group of all, since very little separated them from the working class. The upper-middle class, while a relatively small section of the population, usually "set the standard" for proper American behavior, as reflected in the mass media.
Professionals with salaries and educational attainment higher than those found near the middle of the income strata (e.g. bottom rung professors, managerial office workers, architects) may also be considered as being true middle class.
Coleman and RainwaterEdit
In 1978 sociologists Coleman and Rainwater conceived the "Metropolitan Class Structure" consisting of three social classes, each with a number sub-classes.
- Upper Americans
- Upper-upper class; (ca. 1%) Old money stemming from inherited wealth. Persons in this class typically have an "Ivy league college degree." Their household income in 1978 was over $500,000 ($1,673,215 in 2005 dollars)
- Lower-upper class; (ca. 1%) This is the "Success elite" consisting of "Top professionals [and] senior corporate executives." People in this class have degrees from "Good colleges." Their household income was also commonly in excess of $77,000 ($251,000 in 2005 dollars).Nouveau riche (French for "new rich"), or new money, refers to a person who has acquired considerable wealth within his or her generation. This term is generally used to emphasize that the individual was previously part of a lower socioeconomic rank, and that such wealth has provided the means for the acquisition of goods or luxuries that were previously unobtainable.
- Upper-middle class; (ca. 19%) Also called the "Professional and Managerial" class, it consists of "Middle professionals and managers" with a college and often graduate degrees. Household incomes for this group lay between $35,000 ($114,000 in 2005 dollars) and $60,000 ($183,000 in 2005 dollars)
- Middle Americans
- Middle class; (ca. 31%) This class consists of "Lower-level managers; small-business owners; lower-status professionals (accountants, teachers); sales and clerical" workers. Middle class persons had a high school and some college education. Their household incomes commonly ranged between $10,000 and $20,000 ($30,000 - $60,000 in 2005 dollars)
- Working class; (ca. 35%) This class consists of "Higher blue collar (craftsman, truck drivers); lowest-paid sales and clerical" workers. Younger individuals in 1978 who were members of this class had a high school education. Their household income lay in between $7,500 and $15,000 ($23,000 - $45,000 in 2005 dollars)
- Lower Americans (ca. 13%)
- Semipoor; This class had high school education and consisted of "labor and service" workers with household incomes ranging from $4,500 to $6,000 ($14,000 - $18,000 in 2005 dollars)
- The bottom; Those who are "Often unemployed" or rely on welfare payments.Household incomes of less than $4,500 ($14,000 in 2005 dollars)
Thompson & HickeyEdit
In their 2005 sociology textbook, Society in Focus, sociologists William Thompson and Joseph Hickey present a five class model in which the middle class is divided into two sections and the term working class is applied to clerical and pink collar workers. Their class system goes as follows:
- Upper class, (ca. 1%-5%) individuals with considerable power over the nation's economic and political institutions. This group owns a disproportionate share of the nation's resources. The top 1% had incomes exceeding $250,000 with the top 5% having household incomes exceeding $140,000. This group features strong group solidarity and is largely constituted by the heirs to multi-generational fortunes. Prominent government officials, CEOs and successful entrepreneurs are among the upper class even if not of elite background.
- Upper middle class, (ca. 15%) white collar professionals with advanced post-secondary education such as physicians, professors, lawyers, corporate executives, and other management. While households commonly have six figure incomes in this group, the majority of income earners do not. Only 6% of persons had six figure incomes while 15% were upper middle class. While high educational attainment commonly serves as the staple mark of this group, entrepreneurs and business owners may also be upper middle class even if lacking advanced educational attainment.
- Lower middle class, (ca. 33%) individuals who worked their way through college and commonly have a Bachelor's degree or some college education. School teachers, sales-employees and lower to mid level supervisors rank among those in this particular group. Household income is generally in the range of $30,000 to $75,000. Workers in this group are mostly white collar but have less autonomy in their work than do upper middle class professionals. Members of this class often attempt to emulate those in the two higher classes and have recently become overly indebted by their desire to have a comfortable lifestyle.
- Working class, (ca. 30%) individuals who occupy both blue and white collar occupations. Pink collar workers in predominantly female clerical positions are common in this class. Job security tends to be low for this group and unemployment as well as losing health insurance remain potent economic threats. Household incomes typically range from $16,000 to $30,000.
- Lower class, repeated cycles of unemployment, working multiple low-level part-time jobs are common among this group. Many families fall below the poverty line from time to time when employment opportunities are scarce.
Gilbert & KahlEdit
In The American Class Structure, 6th edition (Wadsworth 2002) as well the preceding 5th edition, Dennis Gilbert lays out an even more precise breakdown of American social classes. Dennis Gilbert stresses that "there is really no way to establish that a particular model is 'true' and another 'false.'" He furthermore states that his "model emphasizes sources of income" and that household income, being very dependent on the number of income earners, varies greatly within each social class. The class descriptions in quotes below are lifted from the 5th edition, pages 284 and 285.
- Capitalist class; (ca. 1%) "Subdivided into nationals and locals, whose income is derived largely from return on assets." However, the top 1.5% of households made $250,000 or more with only 146,000, 0.01% of households having incomes of $1,600,000 or more.
- Upper middle class; (ca. 14%) "...college trained professionals and managers (a few of whom ascend to such heights of bureaucratic dominance or accumulated wealth that they become part of the capitalist class)." Educational attainment is the main feature of this class. They enjoy great job autonomy and economic security. Household incomes vary greatly depending of the number of income earners." Considering US Census Bureau According to the 2005 Economic Survey, the top 15% of income earners made $62,500 or more with the top 15% of households having six figure incomes.
- Middle class; (ca. 30%) "...members have significant skills and perform varied tasks at work, under loose supervision. They earn enough to afford a comfortable, mainstream lifestyle. Most wear white collars, but some wear blue." In 2005 incomes for this group would have ranged from $50,000 to $90,000 for households and $27,500 to $52,500 for individuals.
- Working class; (ca. 30%) "People who are less skilled than members of the middle class and work at highly routinized, closely supervised manual and clerical jobs. Their work provides them with a relatively stable income sufficient to maintain a living standard just below the mainstream." Incomes in 2005 would have ranged from $10,000 to $27,500 for individuals and $20,000 to $50,000 for households.
- Working poor; (ca. 13%) "...people employed in low-skill jobs, often at marginal firms. The members of this class are typically laborers, service workers, or low-paid operators. Their incomes leave them well below mainstream living standards. Moreover, they cannot depend on steady employment." In 2004 the bottom 12.2% of households made less than $12,500.
- Underclass (ca. 12%) "...members have limited participation in the labor force and do not have wealth to fall back on. Many depend on government transfers." The average household income is $12,000 a year, and the class makes up 12% of the population.
Capitalist class structuresEdit
- Main article: Social class in the United States
The social structure of the United States is a vaguely defined concept which includes several commonly used terms that use educational attainment, income, wealth, and occupational prestige as the main determinants of class. While it is possible to create dozens of social classes within the confines of American society, most Americans employ a six or five class system. The most commonly applied class concepts used in regards to contemporary American society are:
- Upper class: Those with great influence, wealth and prestige. Members of this group tend to act as the grand-conceptualizers and have tremendous influence of the nation's institutions. This class makes up about 1% of the population and owns about a third of private wealth.
- Upper middle class: The upper middle class consists of white collar professionals with advanced post-secondary educational degrees and comfortable personal incomes. Upper middle class professionals have large amounts of autonomy in the workplace and therefore enjoy high job satisfaction. In terms of income and considering the 15% figure used by Thompson, Hickey and Gilber, upper middle class professionals earn roughly $62,500 (€41,000 or £31,500) or more and tend to reside in households with six figure incomes.
- (Lower) middle class: Semi-professionals, non-retail salespeople, and craftsmen who may have some college education. Out-sourcing tends to be a prominent problem among those in this class who often suffer from a lack of job security. Households in this class may need two income earners to make ends meet and therefore may have household incomes rivaling the personal incomes of upper middle class professionals such as attorneys.
- Working class: According to some experts such as Michael Zweig, this class may constitute the majority of Americans and include those otherwise referred to as lower middle. It includes blue as well as white collar workers who have relatively low personal incomes and lack college degrees with many being among the 45% of Americans who have never attended college.
- Lower class: This class includes the poor, alienated and marginalized members of society. While most individuals in this class work, it is common for them to drift in and out of poverty.
There have been fierce debates in the area of sociology about whether or not social class has become relevant in terms of shaping identity. The arguments suggesting that it is no longer relevant are brought forward by supporters of postmodernism. One argument for class being unimportant follows:
Arguments against relevance of classEdit
- French sociologist Mattei Dogan has argued in his "From Social Class and Religious Identity to Status Incongruence in Post-Industrial Societies" (Comparative Sociology, 2004) that the relevance of social class has declined, giving way to a different form of social identification that is largely cultural and religious, and which raises identity conflicts called status incongruence. This can be observed, in particular, in the developing countries, but even in many post-industrial societies.
Arguments for relevance of class Edit
Major areas of social science still rely on class based explanations of personal identity, for instance, the history from below school of Marxist history. Outside of Marxist influenced thought, there is still much evidence suggesting that class affects everyone. Some ideas from different sociologists follow:
- Jordan suggested that those in poverty had the same attitudes on work and family as those in other classes, this being backed up with surveys expressing that the poor/working class/lower class feel almost shame about their position in society.
- MacIntosh and Mooney noted that there was still an upper-class which seems to isolate itself from other classes. It is almost impossible to get into the upper-class. They (upper-class) kept their activities (marriage, education, peer groups) as a closed system.
- Marshall et al. noted that many manual class workers are still aware of many class issues. They believed in a possible conflict of interest, and saw themselves as working class. This counters the postmodern claims that it is consumption which defines an individual.
- Andrew Adonis and Stephen Pollard (1998) discovered a new super class, which consisted of elite professionals and managers, which held high salaries and share ownership.
- Chapman noted there was still an existence of a self-recruiting upper-class identity.
- Dennis Gilbert argues that class is bound to exist in any complex society as not all occupations are equal and that households do form pattern of interaction that give rise to social classes.
See also Edit
- ↑ Roberts, R. (1975)"Class Structure", The Classic Slum, London: Penguin. 13 - 31
- ↑ Turner, G. (1990). "Ethnographies, Histories and Sociologies". British Cultural Studies: An Introduction. Sydney: Allen & Unwin. 169 - 196
- ↑ Dahrendorf, Ralf. (1959) Class and Class Conflict in Industrial Society. Stanford: Stanford University Press.
- ↑ Bornschier V. (1996), 'Western society in transition' New Brunswick, N.J.: Transaction Publishers.
- ↑ Template:Cite book
- ↑ The classes are: "bureaucrats and theocrats in the Asiatic mode of production; freemen, slaves, plebeians, and patricians under slavery; lord, serf, guild master and journeyman under feudalism; industrial capitalists, financial capitalists, landlords, peasantry, petty bourgeoisie, and wage laborers under capitalism." Jon Elster, An Introduction to Karl Marx, (Cambridge University Press, 1986), p. 124.
- ↑ this is the main thesis of Marx's "Capital"
- ↑ Template:Cite web
- ↑ 9.00 9.01 9.02 9.03 9.04 9.05 9.06 9.07 9.08 9.09 9.10 9.11 Template:Cite book
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