In today’s economy inequality is arising due to companies gaining close to monopoly power. This present fact is backed by the views of conflict theorist Marx and Weber. They believed inequality and stratification led to the high and mighty groups reaping all of the benefits. This is a negative aspect in the view of conflict theorists. A statistic always monitored in today’s society is the unemployment rate. If the unemployment rate is high this is bad, because it acts as a catalyst for inequality. This will contradict Davis and Moore beliefs, people cannot be motivated to work harder if they cannot find a job. Although, in more positive business cycles hard workers are rewarded by receiving higher wages. The incentive of promotions and higher wages and job opportunity are vital components for Davis and Moore theory to prosper. The good in people gaining wealth and promotions leads to great flourishment of resources. If someone’s gains wealth and creates a business, this helps the owners and the potential employees of that new
In today’s economy inequality is arising due to companies gaining close to monopoly power. This present fact is backed by the views of conflict theorist Marx and Weber. They believed inequality and stratification led to the high and mighty groups reaping all of the benefits. This is a negative aspect in the view of conflict theorists. A statistic always monitored in today’s society is the unemployment rate. If the unemployment rate is high this is bad, because it acts as a catalyst for inequality. This will contradict Davis and Moore beliefs, people cannot be motivated to work harder if they cannot find a job. Although, in more positive business cycles hard workers are rewarded by receiving higher wages. The incentive of promotions and higher wages and job opportunity are vital components for Davis and Moore theory to prosper. The good in people gaining wealth and promotions leads to great flourishment of resources. If someone’s gains wealth and creates a business, this helps the owners and the potential employees of that new