Practicing Success
Practicing Success
CUET Preparation Today
| One of the founders of modern sociology, Karl Marx, was also a critic of modern capitalism. Marx understood capitalism as a system of commodity production, or production for the market, through wage labour. Marx wrote that all economic systems are also social systems.Each mode of production consists of particular relations of production, which in turn give rise to a specific class structure. |
| What are the three forms of capital which becomes the basis of inequality? |
Economic, Social, and Cultural Economic, Public and Private. Economic, Public and Social Individual, Social and Economic |
| Economic, Social, and Cultural |
| In every society, some people have a greater share of valued resources – money, property, education, health, and power – than others. These social resources can be divided into three forms of capital – economic capital in the form of material assets and income; cultural capital such as educational qualifications and status; and social capital in the form of networks of contacts and social associations |
