UCSP

• Socioeconomic class


  A category that groups people into similar economic, social, cultural, and political status
• Socioeconomic Class Categories


  • Upper - 10% - wealthy industrialists with big corporations and owners of large plantation or haciendas
  • Middle - 20% - professionals, skilled and semi-skilled workers in offices, factories, or farms
  • Lower - 70% - laborers and unskilled workers
• Socioeconomic Class in Contemporary Filipino Society According to Zaide (2005)
• Karl Marx


  • Bourgeois - owner of the means of production or the monetary, land, and technological capital, do not have to work yet they accumulate wealth
  • Proletariat - do not own the means of production, must work and sell their labor power in order to survive
• Types of Capital


  • Cultural Capital
  • Economic Capital
  • Social Capital