Inequality is the result of private property, as well as many other factors, but let's just focus on this. Private ownership, as stated by Ferguson and Millar, represents a huge improvement in society because it leads to higher levels of social organization and efficiency. This means that owning private property creates an impactful way of working and will create a more efficient way of working, only to acquire more private property. Social stratification is the obvious, or sometimes imperceptible, inequality between people, or better yet between classes. People who own large amounts of private property or tangible objects are generally ranked higher than other people regarding class. The class structure is usually defined by three classes, but I will define it by five classes. To begin with I will start with the most elite class, the upper class. The upper class was mainly composed of CEOs and distinguished politicians who usually earn $200,000 or more. The next class is the middle class which can be further divided into two more defined classes, the upper middle class and the lower middle class. The upper-middle class is generally made up of professionals with a bachelor's degree who earn an average of $72,000 to $100,000. The lower middle class consists primarily of professional support and sales with a bachelor's degree earning $32,000 to $50,000. Next
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