The work of the German sociologist Max Weber represents one of the most important developments in stratification theory since Karl Marx.Weber sees class in economic sense and says that classes develop in market economies in which individuals compete for economic gain. All of these are kinds of competing interest groups in society. Ans. They regard it a viable and reasonable theory. In Western countries, this stratification primarily occurs as a result of socioeconomic status in which a hierarchy determines the groups most likely to gain access to financial resources and forms of privilege. Simply put, social stratification is the allocation of individuals and groups according to various social hierarchies of differing power, status, or prestige. Hence, the theory of Max Weber offers the most convincing explanation of social stratification in modern societies due to its high polarisation and modernity. Social stratification refers to the way people are ranked and ordered in society. Weber gives a three dimensional model of stratification in terms of Class, Status and Party. theories of Social Stratification. "5 REFERENCES Adamovsky, E. (2005). No theorist stressed the signifi­cance of class for society and for social change more strongly … Factors that define stratification vary in different societies. Marxian Perspective: The whole Marxian perspective about social stratification revolves round the concept of social classes. Perfect for acing essays, tests, and quizzes, as well as for writing lesson plans. Max Weber’s Theory of Stratification in Society. Broadly defined, social stratification is an important part of many areas of study in sociology, but it also constitutes a distinct field on its own. Social stratification and social differentiation are the two most important processes found in most of the societies. Conflict Theory of Stratification Explained Karl Marx suggested that in any stratified society, there will be two primary social groups. Max Weber on Social Stratification . In most societies, stratification is an economic system, based on wealth, the net value of money and assets a person has, and income, a person’s wages or investment dividends.While people are regularly categorized based on how rich or poor they are, other important factors influence social … According to Sutherland and Maxwell social stratification is defined as a process of differentiation that places some people higher than the others. His treatments of status, ethics, class, bureaucracy, ethnicity, and politics are still used by social scientists (Waters and Waters 2015). (A) Weber’s View of Class: … A summary of Part X (Section4) in 's Social Stratification and Inequality. 1. Max Weber is known for his contribution to the social sciences. Aristotle, Diderot, liberalism and the idea of ‘middle class’: A comparison of two contexts of emergence of a metaphorical … These approaches have been explained later on under the heading ‘Modern Theories of Stratification’. Learn exactly what happened in this chapter, scene, or section of Social Stratification and Inequality and what it means. In the words of Gisbert, “Social stratification is the division of society in permanent groups or categories linked with each other by the relationship of … Max Weber’s Theory of Stratification enjoys tremendous popularity among American sociologists. The ruling class, which may or may not be involved with the government, and then the subject class. According to conflict theory, stratification results from lack of opportunity and discrimination against the poor and people of color. According to symbolic interactionism, social class affects how people interact in everyday life and how they view certain aspects of the social world. 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