Socioeconomic Stratification In Society

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Problem Statement Socioeconomic stratification in a society is a colossal problem and a primary hindrance in growth and development’s way. Socioeconomic stratification places two societies at distance and prevents them from living, and working in peaceful harmony. Social and economic stratification are the resultants of a strictly regulating system and a malfunctioning economic model. The Chinese development model, upon cross sectional analysis, reveals that strict governance suppressed workers’ voice and socioeconomic inequalities that, in turn, led to stratification of the society. If proper relief is given to the financially challenged workforce, their voice is heard and effective planning, and policies are made to make up for their deprivation.…show more content…
The developmental strategies adopted and executed by the reform leadership only adds to this structural complication. Although these strategies have been rethought and reshaped over the years, unfortunately, they fail to form a logically consistent Chinese Model. Local accumulation, rule by law and permanent migration lay an elemental foundation for the understanding of labor standards violations (Friedman & Lee,…show more content…
Human capacities to transform nature have been molded in to a purchasable commodity through regulation by law and bureaucracy (Friedman & Lee, 2010). This is unsettling for the Chinese workforce as the Chinese employment system in the socialist period was a de-commoditized system (Friedman & Lee, 2010). In the socialist period, workers formed socio-political platforms to ensure the guaranty of their lifestyle as well as life by the state (Friedman & Lee, 2010). The socialist system of employment went through a process of revamping alongside reshaping of the Chinese economy (Friedman & Lee, 2010). A survey conducted in forty cities by the Labor and Social Security Ministry in 2004 manifests that among the 120 million strong migrant labor force from the countryside, a paltry 12.5 per cent has signed a labor contract while only 15 percent actively participate in social security scheme, and only 10 per cent are facilitated with medical insurance (Friedman & Lee, 2010). Less than half of the migrant workforce get paid regularly whereas 52 percent get regular or non-wage payment (Friedman & Lee,

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