Editing Social class (section)

===Weberian===
{{main|Three-component theory of stratification}}
[[Max Weber]] formulated a [[three-component theory of stratification]] that saw social class as emerging from an interplay between "class", "status" and "power". Weber believed that class position was determined by a person's relationship to the means of production, while status or "Stand" emerged from estimations of honor or prestige.<ref>Weber, Max (2015/1921). "Classes, Stände, Parties" in Weber's ''Rationalism and Modern Society'', edited and translated by Tony Waters and Dagmar Waters, pp. 37–57.</ref>

Weber views class as a group of people who have common goals and opportunities that are available to them. This means that what separates each class from each other is their value in the marketplace through their own goods and services. This creates a divide between the classes through the assets that they have such as property and expertise.<ref name="Conley, Dalton 2017"/>

Weber derived many of his key concepts on social stratification by examining the social structure of many countries. He noted that contrary to Marx's theories, stratification was based on more than simply ownership of [[Capital (economics)|capital]]. Weber pointed out that some members of the aristocracy lack economic wealth yet might nevertheless have political power. Likewise in Europe, many wealthy Jewish families lacked prestige and honor because they were considered members of a "pariah group".
* Class: A person's economic position in a society. Weber differs from Marx in that he does not see this as the supreme factor in stratification. Weber noted how managers of corporations or industries control firms they do not own.
* Status: A person's prestige, social honour or popularity in a society. Weber noted that political power was not rooted in capital value solely, but also in one's status. Poets and saints, for example, can possess immense influence on society with often little economic worth.
* Power: A person's ability to get their way despite the resistance of others. For example, individuals in state jobs, such as an employee of the [[Federal Bureau of Investigation]], or a member of the [[United States Congress]], may hold little property or status, but they still hold immense power.