Indigenous Capitalist Class, Social Stratification and Life Chances in the Contemporary Nigeria Society

Abstract

The life styles associated with people in the same class categories include, among other things, particularly orientations to manners, speech, clothing styles, education and especially, ‘Success’. There is a tendency for people with similar styles to participate together in both formal and informal groups, to marry one another, and to choose activities that reflect their similar value orientations. Social stratification draws attention to the unequal positions occupied by individuals in society. Social inequality is found in all societies. Therefore, this paper is to examine social stratification, life chances in relation to indigenous capitalist class in Nigeria. This study will be guided by the Weberian perspective of social stratification.

Keywords: Social Stratification, Indigenous Capitalist Class, Life Chances, Social Inequality and Social Mobility