Discretionary IncomeThe income of the working class is consumed by basic expenses such as housing, healthcare, education, clothing, food and transportation such that they generate no discretionary income. As such, the working class can't afford to save and accumulate capital.
CapitalCapital is useful property that can be used to generate income such as property, structures, machines, equipment, vehicles and software. The working class do not own or control their own capital and must work for others. For example, a chef who owns their own restaurant is petite bourgeoisie whereas a chef who works for someone else is typically working class.
EmploymentThe term working class applies to workers and their families who are employed or actively seeking employment. There are a few exceptions to this rule such as working class individuals who retire or who are on a disability pension. Individuals with no capital who never work or who rarely work are known as the lumpenproletariat. This class can be quite large in a society with an attractive welfare system or in a region with chronic unemployment such that people simply give up on finding work. discretionary income and capital. This can be applied to both blue collar workers who perform physical labor and white collar workers who perform office work. Blue collar or white collar workers who generate discretionary income are middle class. In other words, it is incorrect to think of the working class as being entirely blue collar.
Class ConsciousnessClass consciousness is the degree to which people in similar social and economic circumstances identify with each other as a group. People who technically belong to the working class may or may not self-identify as such. In many cases, people identify with a more affluent class or with some other aspect of their identity such as ethnicity.
CultureThe working class have a culture in each society based on shared experiences. This can include elements such as norms, expectations, values, language, pastimes, celebrations, symbols, literature, art and film.
NotesThe working class may have social mobility such that they have an opportunity to become middle class, bourgeoisie or upper class through education, entrepreneurship or performance at work. The degree of social mobility in a society depends on factors such as economic growth, access to credit, economic freedoms, social infrastructure and a social safety net.
|Overview: Working Class
A socioeconomic group that depend on their labor as they control little or no capital.