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Sociology Study Guide Exam 3Stratification Max Weber No single characteristic can explain a person’s position in society Based on class, status group, poweroClass: similar wealth and income oStatus group: similar levels of prestige and lifestyle oPower: ability to express themselves over others Vertical mobility: easily able to move up and downoThis is why there is no social revolution Erik Olin Wright Says that position in status is related to means of production Ownership, Skills, Authority Vertical Mobility oNo social revolution Contradictory class locations: all the boxes in the middle, because people don’t know their interest Perucci and Wysong Class is based on access to four resources: oConsumption capital: how much is made in a year oInvestment capital: how much to invest after bills oSkill/credential capitaloSocial capital: who do you know? Where did you get your credentials?

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