Nouveau Riche
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Nouveau Riche
''Nouveau riche'' (; ) is a term used, usually in a derogatory way, to describe those whose wealth has been acquired within their own generation, rather than by familial inheritance. The equivalent English term is the "new rich" or "new money" (in contrast with " old money"; french: vieux riche ). Sociologically, ''nouveau riche'' refers to the person who previously had belonged to a lower social class and economic stratum (rank) within that class; and that the new money, which constitutes their wealth, allowed upward social mobility and provided the means for conspicuous consumption, the buying of goods and services that signal membership in an upper class. As a pejorative term, ''nouveau riche'' affects distinctions of type, the given stratum within a social class; hence, among the rich people of a social class, ''nouveau riche'' describes the vulgarity and ostentation of the newly rich person who lacks the worldly experience and the system of values of " old money", of inherite ...
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Wealth
Wealth is the abundance of Value (economics), valuable financial assets or property, physical possessions which can be converted into a form that can be used for financial transaction, transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European languages, Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for economic growth, growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been a ...
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Nobility
Nobility is a social class found in many societies that have an aristocracy (class), aristocracy. It is normally ranked immediately below Royal family, royalty. Nobility has often been an Estates of the realm, estate of the realm with many exclusive functions and characteristics. The characteristics associated with nobility may constitute substantial advantages over or relative to non-nobles or simply formal functions (e.g., Order of precedence, precedence), and vary by country and by era. Membership in the nobility, including rights and responsibilities, is typically Hereditary title, hereditary and Patrilinearity, patrilineal. Membership in the nobility has historically been granted by a monarch or government, and acquisition of sufficient power, wealth, ownerships, or royal favour has occasionally enabled commoners to ascend into the nobility. There are often a variety of ranks within the noble class. Legal recognition of nobility has been much more common in monarchies, ...
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Parvenu
A ''parvenu'' is a person who is a relative newcomer to a high-ranking socioeconomic class. The word is borrowed from the French language; it is the past participle of the verb ''parvenir'' (to reach, to arrive, to manage to do something). Origin The word ''parvenu'' typically describes a person who recently ascended the social ladder, especially a ''nouveau riche'' or "new money" individual. The famous Margaret Brown, who survived the sinking of the ''Titanic'' in 1912, was portrayed as a "new money" individual, most notably in the "climbing social classes" musical '' The Unsinkable Molly Brown'', because of her impoverished Irish immigrant roots and lack of social pedigree. The ''Oxford English Dictionary'' defines a ''parvenu'' as: "A person from a humble background who has rapidly gained wealth or an influential social position; a nouveau riche; an upstart, a social climber. Also in extended use. Generally used with the implication that the person concerned is unsuited ...
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Debutantes
A debutante, also spelled débutante, ( ; from french: débutante , "female beginner") or deb is a young woman of aristocratic or upper-class family background who has reached maturity and, as a new adult, is presented to society at a formal "debut" ( , ; french: début, links=no ) or possibly debutante ball. Originally, the term meant that the woman was old enough to be married, and part of the purpose of her coming out was to display her to eligible bachelors and their families, with a view to marriage within a select circle. Austria Vienna, Austria, still maintains many of the institutions that made up the social, courtly life of the Habsburg Empire. One of those is the most active formal ball season in the world. From 1 January to 1 March, no less than 28 formal balls, with a huge variety of hosts, are held in Vienna. Many are for specific nationalities, like the Russian Ball or the Serbian Saint Sava ball; social groups like the Hunter's Ball or Verein Grünes Kreuz b ...
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Value (ethics)
In ethics and social sciences, value denotes the degree of importance of something or action, with the aim of determining which actions are best to do or what way is best to live (normative ethics in ethics), or to describe the significance of different actions. Value systems are prospective and prescriptive beliefs; they affect the ethical behavior of a person or are the basis of their intentional activities. Often primary values are strong and secondary values are suitable for changes. What makes an action valuable may in turn depend on the ethical values of the objects it increases, decreases, or alters. An object with "ethic value" may be termed an "ethic or philosophic good" (noun sense). Values can be defined as broad preferences concerning appropriate courses of actions or outcomes. As such, values reflect a person's sense of right and wrong or what "ought" to be. "Equal rights for all", "Excellence deserves admiration", and "People should be treated with respect and dignit ...
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Eugenics
Eugenics ( ; ) is a fringe set of beliefs and practices that aim to improve the genetic quality of a human population. Historically, eugenicists have attempted to alter human gene pools by excluding people and groups judged to be inferior or promoting those judged to be superior. In recent years, the term has seen a revival in bioethical discussions on the usage of new technologies such as CRISPR and genetic screening, with a heated debate on whether these technologies should be called eugenics or not. The concept predates the term; Plato suggested applying the principles of selective breeding to humans around 400 BC. Early advocates of eugenics in the 19th century regarded it as a way of improving groups of people. In contemporary usage, the term ''eugenics'' is closely associated with scientific racism. Modern bioethicists who advocate new eugenics characterize it as a way of enhancing individual traits, regardless of group membership. While eugenic principles have be ...
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Morality
Morality () is the differentiation of intentions, decisions and actions between those that are distinguished as proper (right) and those that are improper (wrong). Morality can be a body of standards or principles derived from a code of conduct from a particular philosophy, religion or culture, or it can derive from a standard that a person believes should be universal. Morality may also be specifically synonymous with "goodness" or "rightness". Moral philosophy includes meta-ethics, which studies abstract issues such as moral ontology and moral epistemology, and normative ethics, which studies more concrete systems of moral decision-making such as deontological ethics and consequentialism. An example of normative ethical philosophy is the Golden Rule, which states: "One should treat others as one would like others to treat oneself." Immorality is the active opposition to morality (i.e. opposition to that which is good or right), while amorality is variously defined as an ...
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Honor
Honour (British English) or honor (American English; see spelling differences) is the idea of a bond between an individual and a society as a quality of a person that is both of social teaching and of personal ethos, that manifests itself as a code of conduct, and has various elements such as valour, chivalry, honesty, and compassion. It is an abstract concept entailing a perceived quality of worthiness and respectability that affects both the social standing and the self-evaluation of an individual or institutions such as a family, school, regiment or nation. Accordingly, individuals (or institutions) are assigned worth and stature based on the harmony of their actions with a specific code of honour, and the moral code of the society at large. Samuel Johnson, in his ''A Dictionary of the English Language'' (1755), defined honour as having several senses, the first of which was "nobility of soul, magnanimity, and a scorn of meanness". This sort of honour derives from the percei ...
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Social Status
Social status is the level of social value a person is considered to possess. More specifically, it refers to the relative level of respect, honour, assumed competence, and deference accorded to people, groups, and organizations in a society. Status is based in widely shared ''beliefs'' about who members of a society think holds comparatively more or less social value, in other words, who they believe is better in terms of competence or moral traits. Status is determined by the possession of various characteristics culturally believed to indicate superiority or inferiority (e.g., confident manner of speech or race). As such, people use status hierarchies to allocate resources, leadership positions, and other forms of power. In doing so, these shared cultural beliefs make unequal distributions of resources and power appear natural and fair, supporting systems of social stratification. Status hierarchies appear to be universal across human societies, affording valued benefits to those ...
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Ruling Class
In sociology, the ruling class of a society is the social class who set and decide the political and economic agenda of society. In Marxist philosophy, the ruling class are the capitalist social class who own the means of production and by extension determine and establish the dominant ideology (culture, mores, norms, traditions) of society by way of cultural hegemony. In the 21st century, the worldwide political economy established by globalization has created a transnational capitalist class that is not native to any one country. Background In previous modes of production, such as feudalism (inheritable property and rights), the feudal lords of the manor were the ruling class; in an economy based upon chattel slavery, the slave owners were the ruling class. The political economy of the feudal system gave socio-economic and legal power to the feudal lord over the life, labour, and property of the vassal, including military service. The political economy of a slave state gave ...
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Upper Class
Upper class in modern societies is the social class composed of people who hold the highest social status, usually are the wealthiest members of class society, and wield the greatest political power. According to this view, the upper class is generally distinguished by immense wealth which is passed on from generation to generation. Prior to the 20th century, the emphasis was on ''aristocracy'', which emphasized generations of inherited noble status, not just recent wealth. Because the upper classes of a society may no longer rule the society in which they are living, they are often referred to as the old upper classes, and they are often culturally distinct from the newly rich middle classes that tend to dominate public life in modern social democracies. According to the latter view held by the traditional upper classes, no amount of individual wealth or fame would make a person from an undistinguished background into a member of the upper class as one must be born into a famil ...
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Power (social And Political)
In social science and politics, power is the social production of an effect that determines the capacities, actions, beliefs, or conduct of actors. Power does not exclusively refer to the threat or use of force ( coercion) by one actor against another, but may also be exerted through diffuse means (such as institutions). Power may also take structural forms, as it orders actors in relation to one another (such as distinguishing between a master and a slave), and discursive forms, as categories and language may lend legitimacy to some behaviors and groups over others. The term ''authority'' is often used for power that is perceived as legitimate or socially approved by the social structure. Power can be seen as evil or unjust; however, power can also be seen as good and as something inherited or given for exercising humanistic objectives that will help, move, and empower others as well. Scholars have distinguished between soft power and hard power. Theories Five bas ...
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