Social Economics: The Proletariation Of Social Class

“By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.” ~ Friedrich Engels. Every person has been classified as something whether it is age, skin color, or wealth. There are various forms of classification. For example, ever heard of social stratification or social economics? It is society's categorization structure of people into socioeconomic strata; it is mainly based upon their profession and income, wealth and social status, or derived power (social and political). Four different classes people are classified as are the proletariat, plebeian, bourgeoisie, and landlords.
In the Theory of Karl Marx, the term proletariat designated the class of wage workers who were engaged in industrial production and whose chief source of income was derived from the sale of their labor power. In Marxist sociopolitical thought, the dictatorship of the proletariat refers to a state in which the proletariat, or the working class, has control of political power. The term, coined by Joseph Weydemeyer, was adopted by the founders of Marxism, Karl Marx and Friedrich Engels, in the 19th century. Many people believed that the proletariat were slaves but they were just the lowest rank of the Roman