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Response Paper On The Upper Class

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ASSIGNMENT: RESPONSE PAPER ON THE UPPER CLASS (RPCU). In this reflective response paper assignment, I discuss the concept of the Upper Class in the United States stratification system. I utilize two primary sources of Soc. 353 course content, the Doob reading, “Heading the Hierarchy: Upper Class or Superclass?" from our required book, Social Inequality and Social Stratification in U.S. Society, 2nd Edition (2019:143-176), and an online lecture on ‘Chapter 5 – Heading the Hierarchy: Upper Class or Superclass?’ (Doob 2020). COURSE CONTENT Doob emphasizes the ability the American Upper Class has in order to dominate. any other class simply by their financial and social capital. The members of this class “...obtain high-quality financial capital …show more content…

Simply by using their influence on financial or social capital to persuade people to go in their direction. The sand is a sand. It is becoming blatantly obvious the inequality between the Upper Classes. compared to the Middle Class, Working Class, and the Poverty Class, but Doob really helped. reveal just how unjust the system is. While also demonstrating how individuals in the Upper Class use their wealth to persuade them to a better outcome. While Doob explained in the reading as well as in the lecture, the Upper-Class has significant wealth over any of the other classes. However, I learned some ways these families or individuals within the Upper Class were capable of building their wealth. Some individuals gained their wealth with a corporate community while some gained from interlocking directorates. Both helped aid the Upper Class gain their wealth because they were corporations that would share or develop economic and political policies. Even back in the Civil War, the wealthy participated in hiring “Robber Barons”, where the Upper Class would not get drafted during the war and would instead be able to focus on continuing to build their wealth. Giving them a larger advantage over the other classes. In later centuries they began to use the globalization phase to their advantage as a strategy to build their wealth. In this phase individuals were allowed more access …show more content…

The majority of the time people are able to explain what “old rich’ and ‘new rich’ are, but when it comes to where they get their money or how they can be differentiated, that was where I was able to learn more from Doob. The Old Rich are a group of wealthy Upper Classmen who receive a majority of their money from descents within their bloodline. They are not only receiving this money from members who own companies, but also could be from corporations, banks, investment firms, and possibly even law firms that lie within their family. New Rich are a group of Upper Classmen who are known as the “cowboys” because they come mainly from the Western U.S. These families obtain their wealth on their own, rather than having the wealth passed down through the family. The ‘old rich’ and ‘new rich’ represent families in the Upper Class that have large amounts of money; they also tend to join elite social clubs. Where these clubs can ask for initiation fees, certain dues, or any other expenses that may fit. These are types of social clubs where members must be nominated, while being able to cover all the expenses, no matter what. And there are a few things that can distinguish the two groups. One may be how the two groups tend to spend their money. Older rich tend to spend their money in order to maintain or acquire a dignified lifestyle. While the new rich tend to spend

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