In modern society, the amount of wealth possessed dictates a person's social class, position, and influence ability within culture. ... Capitalism proposed an economic model in which private individuals and business firms carried on the production and exchange of goods and services through a complex network of prices and markets. ... It changed not only industry, but also politics, religion, laws, and people's social interactions. ... Capitalism has been described as the "a social harmony through the pursuit of self-interest." ... Production becomes a key component of this new econom...

• Word Count: 2880
• Approx Pages: 12
• Has Bibliography

This, he claimed, proved the existence of the 'dominant class' as a social phenomenon and the inaccessibility of those of a working class background to the higher echelons of society. Seeing as fee paying schools are, by their very nature, accessible to only a small portion of the population through their fees and the family connections required to attend, they are merely another social mechanism to retain Britain's wealth within a select elite. ... Firstly, he examines the notion that the managers appointed by the owners of large companies do in fact constitute a new class, on...

• Word Count: 2635
• Approx Pages: 11
• Has Bibliography
• Grade Level: Graduate