Gilbert model

[1] His theory contains the idea of a struggle between two social classes – the Bourgeoisie (the capital owners) and the Proletariat (the non-owner workers).

"Life-styles" such as where a person lives and the schools they attend are very important in determining social class.

Even though Marx's and Weber's research were both taken into consideration when trying to create an effective means of social stratification, they were not weighted the same.

The aspect that Marxism takes into consideration when referring to the economy is "what a specific person owns determines their class" – a capitalistic viewpoint.

These people contribute their money to political parties and are often owners of newspapers or television stations.

(typical income $200,000; for Working rich $500,000) The upper middle class is the group in society most shaped by formal education.

Most people in this class are technicians, professionals, managers, officials, and highly successful small business owners.

At the top of this class is the growing segment of working rich, affluent professionals and business owners.

(Typical Income: $25,000) The working poor class includes unskilled labourers, people in service jobs, and lower-paid factory workers.

Unable to save money and when retired the working poor depend heavily on their social security pensions to live.