The Stratification Of Socioeconomic Classes Essay

1666 Words Apr 15th, 2016 7 Pages
Globalization allows for goods and services to be exchanged in a globally interconnected economy. It has been around for centuries. However, in the last few decades its effects on the stratification of socioeconomic classes has become more and more apparent. The divide between classes has been a topic of interest for many sociologists such as Karl Marx, who defined two distinct classes: the bourgeoisie and the proletariat. However, most sociologists deem this stratification oversimplified. This globally interconnected economy has been revealed to play a large role in the complexification of classes, that is, it facilitates the existence of more than two general classes. Even though globalization has its benefits, most are of them enjoyed by the upper classes and more affluent countries. Because of this, its development and growth has led to the widening of the gap between the upper classes and the lower classes, not only on a national scale, but on an international scale as well. Marx defines one’s class through the source of their income as opposed to the amount of their wealth. By his definition, the bourgeoisie, which is concerned with property values, is made up of those who own the means of production (Cohen & Kennedy, pg. 164). Globalization offers a variety of options for these corporation owners to increase profits, for example through outsourcing. Outsourcing allows for corporations with enough capital to invest in already existing companies without having to put…

Related Documents

the chronic | First Wave - Die Prophezeiung | Body of Proof (31)