A | B |
Stratification | Structured social inequality or systematic inequalities among groups of people. |
Social equality | A condition whereby there exist no differences in wealth, power, prestige, or status based on non-natural conventions. |
Assets | A form of wealth that can be stored for future use. |
Dialectic | A two-directional relationship. One example is a master and a slave |
Ontological equality | All people are created equal in the eyes of God |
Equality of opportunity | Inequality of condition is acceptable so long as the rules of the game remain fair. |
Equality of condition | should have an equal starting point. One example is affirmative action. Another example is progressive income taxes. |
Equality of outcome | Each actor must end up with the same amount regardless of the fairness of the game. |
Free rider | One who takes advantage of a public good without contributing to its creation. |
Free rider problem | Occurs when more than one person is responsible for getting something done, yet the incentive is for each individual to shirk responsibility and hope others will pull the extra weight. |