section_path: Theoretical models/Weberian
section_name: Weberian
paragraph_text: Weberian
  
  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.
  
  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.
  
  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. 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".