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Unformatted text preview: important societal resources, such as food, clothing, shelter, education, and health care. Classical perspectives on social class stratification Karl Marx: Relations to the means of production The economic system of capitalism has two central classes: capitalist/bourgeoisie--those who own or control the means of production (land, factories, transportation sources, banks, etc.) working class/proletariat-those who survive by selling their labor power (capacity to work) to owners The goal in capitalist system is the creation of surplus value for the accumulation of capital surplus value-the difference between what workers are paid and the value of what they produce capital accumulation-for capitalism to prosper it must keep expending (looking for new investment opportunities, looking for new labor markets, for new markets to sell commodities, for new activities to capitalize, i.e., turn into a commodity form) **********...
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- Fall '10