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Wealth, Poverty & Welfare
HSFC Glossary of key terms
29
Sociology
Not Applicable
03/24/2004

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Term
Absolute definition of poverty
Definition
A person is in poverty if they are unable to afford the most basic necessities of life. Poverty is seen as destitution.
Term
Ascription
Definition
The occupying of jobs, authority witin the family and political roles on the basis of inheritance or fixed characteristics such as gender and race.
Term
Collectivism
Definition
The notion that members of the society put the interest of the group before self-interest.
Term
Communitariansism
Definition
Approach linked with Etzioni, which claims that social problems should be sorted out by local people rather than by central government or their agencies (e.g. the police). An approach to understanding society associated with the US writer Amitai Etzioni. He argues that government should encourage the rekindling of a sense of community. Local communities can then take over responsibilities for local problems.
Term
Consensus
Definition
A general agreement
Term
Culture of poverty
Definition
A set of values that some poorer people in society share, which they pass on to their children. The result is that they get trapped in poverty.
Term
Individualism
Definition
The belief that individuals are far more important than social groups. The notion that individual self-interest should come before the interests of the group.
Term
Informal care
Definition
Care provided by family or friends.
Term
Low pay
Definition
Defined as earning less than half the average male wage (women's average wages are lower than men's).
Term
Marginalised
Definition
Forced out of the mainstream. A sociological term referring to those who are pushed to the edge of society in cultural, status and economic terms.
Term
Marketable wealth
Definition
All a person possesses (does not include their pension).
Term
Meritocratic
Definition
Rewarding people on the basis of their intelligence, ability, effort, qualifications, etc., i.e. merit.
Term
Minimum wage
Definition
The lowest legal wage an employer can pay.
Term
Mixed economy of wealth
Definition
Refers to the fact that welfare is provided not just the state, but also by private and voluntary organisations.
Term
Personal wealth
Definition
Wealth owned by individuals. This can be compared with institutional wealth, which is wealth owned by companies.
Term
Poverty trap
Definition
Where a person who gets a job experiences a drop in income, because their wages are lower than the welfare benefits they were receiving when unemployed.
Term
Privatisation
Definition
Giving control from the state to private companies.
Term
Relative definition of poverty
Definition
A person is in poverty if they are unable to afford the standard of living considered acceptable by the majority of people.
Term
Relative deprivation
Definition
People are content if everyone around them is in a similar situation. However, when the most deprived are put in a situation where they can compare their situation with others who are affluent, they become aware of their own relatively disadvantaged state and become discontented.
Term
Relative income measure (of poverty)
Definition
A form of the relative definition of poverty, based on having only a certain proportion of the average income in a society.
Term
Social exclusion
Definition
Term used to describe the situation where people are unable to achieve a quality of life that would be regarded as acceptable by most people.
Term
Underclass
Definition
A term used by Charles Murray to describe a distinctive 'class' of people whose lifestyle involves seeking to take what they can from the state and living a life involving petty crime and sexual gratification.
Term
Universalism (wealth, poverty and welfare)
Definition
The belief that everyone should be entitled to free welfare services and benefits.
Term
VAT (value-added tax)
Definition
A tax charged on most goods and services. It is an indirect tax because it is not taken direct from people's wages.
Term
Voluntary (charitable) organisations
Definition
Independent organisations that provide health or welfare services, but do not seek to make any profit.
Term
Wealth
Definition
The ownership of property, shares, savings and other assets.
Term
Welfare state
Definition
A system of welfare benefits and services provided by central or local government.
Term
Consensual measure (of poverty)
Definition
A form of relative definition of poverty, based on lack of the goods and services deemed necessary by most people in society.
Term
Stigmatised
Definition
Labelled in a negative way.
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