Wealth and Capital Related to Race and Crime

Wealth and Captial

Wealth and Capital: Relationship with Race and Crime

Income and wealth are two very different animals- someone's income constitutes their salary, hourly wage and other forms of income; but, wealth is a different term that embodies several different forms of having cash- wealth includes net worth which includes homes, cars, and stock portfolios, among other things. Though these concepts have definitions, in a sociological sense, wealth is reflected in society in a different way. Being wealthy is having access to the resources and things, whether it means educational resources, or living and being able to sustain a certain lifestyle that includes large homes, luxury cars and high end designer labels in regards to fashion. It seems that wealth is reserved for the Caucasian and other "white populations," while people who rely mainly on income are those of the minority race. Stereotypically, ghettos are made up of African-Americans, Latinos, amongst other ethnicities who do not have the access to wealth that other have. Income is based on a job, and with a steady income of measureable value then wealth can be accumulated. Those who cannot every accumulate wealth and are unable to sustain a comfortable life, may then turn to a life of crime. It's almost expected that a more illegal path will unfold for those who are unable to earn a reasonable income, especially those are of minority status.

Capital is something that is used to measure wealth- at its essence is liquid cash. Capital certainly influences race and ethnicity, as with capital a certain race or ethnicity is able to either gain more wealth and have access to better things, including job opportunities or educational opportunities- social outcomes certainly improve with increased capital as more opportunities are created.