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ExplanatMany sociologists — those who can see no further than the capitalist system — will tend to define class as a matter of income, as a way of categorising society by simply looking at what people earn, or a matter of status or how they are looked upon by society. A Marxist analysis however, looks to a more fundamental explanation of class, rooted in a person’s relation to the productive process, specifically to the means of production — the sum total of a society’s productive capacity that goes to producing things that are sold on the market — commodities.
In order to define a person’s class, Marxists ask what level of control that person wields over the means of production. Another way of saying this, is asking whether you own part of the means of production or not, and if you are an owner, then how much?
Do you own a TV station, a string of factories or a chain of newspapers, for instance — or perhaps you own a significant stake in all three? Perhaps you own a major transport company, are managing director of an international mining corporation, or the CEO of Coles-Myer? If so, you are part of the capitalist class, the class which owns and controls the vast amount of productive capital in this society. In 1998, the capitalist class comprised around 5% of families in Australia. They owned 76% of share and similar investments, 46% of bank deposits, 46% of rental properties and 29% of private business equity.
Marxists don’t base conceptions of class on income. Income can be deceptive for the most wealthy, where income tax minimisation schemes, such as payment in share options, can cut the taxable income of the wealthy significantly — to the point where they are only really paying 13% on their actual income, according to a front-page article in the Sydney Morning Herald on December 20.ion:
Answer:c
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Answer:C-Santa Fe
Explanation: I just took the test and this is correct.
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According to Smith, what did President Edward Maria Wingfield, the first leader of the Jamestown colony, do with the food supply for the settlers? Hoard most of the supplies for his personal use ... How many colonists died in the summer of 1607? 50 ... They were given ample provisions by the local native population.
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The first English Navigation Act adopted during the rule of Oliver Cromwell a from HIST 121 at Valencia Colleges. ... of Oliver Cromwell: a) required the Royal Navy to use only Protestant navigators on its ships.b)aimed to wrest control of world trade from the Dutch.c) freed England's North American colonies from economic
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Philip Hamilton ;) plz mark me brainliest
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Philip
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Alexander Hamilton had two sons named Philip, his oldest and his youngest. The oldest son named Philip died in a duel in 1801.
Answer:hi
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Lyla
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b) the fundamental attribution error.
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This concept explains the tendency to underrated a context situation while overestimating the personal or dispositional features of an individual, in other words, is common to look at the people and create preconception about he or she, based mainly on their first sight.
Answer: 1. both have a bicameral legislature, 2. both have a high court called the supreme court, all the power is given to the people.
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In each constitution the 5th amendment deals with trial by jury and the grand jury.
Both contain a bill of rights.
Both are devoted to God and common wellfare.
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The economy of Spain's North America colonies was based upon trade, but the wars in Europe they never were able to assemble the military might necessary for them to dominate the region. Even so, these colonies were used as a buffer to prevent further French territorial encroachment into Spanish interests.
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