Secondly, Weber witnessed there is nothing to support or no evidence to support the polarization of classes. The market value of these skilled propertyless workers differs and which causes differences in economic return which later plays a significant role in producing different social classes. Weber discusses class he firstly discuss, it is important to understand the significance of others elements in comparison to property ownership or non-ownership to better formulate the classes. Weber shares how in capitalist society class groupings are done: For instance, in a capitalist society professionals like bankers, engineers, managers everyone with different occupation receives comparatively high salaries because they provide different services and requires different skills. Each profession requires different skills and services that is why they have different market values and each occupation provides differently. Weber argues that the major class division is between those who own the forces of production and those who do not get paid for those who have substantial property holdings will receive the highest economic rewards and enjoy superior life chances, however, Weber sees important differences in the market situation of propertyless groups in society. Those who share a similar class situation also share similar life chances not very keen on the position will directly affect their chances of obtaining those things defined as desirable in their society, for example, access to higher education and good quality housing

Thus Weber’s terminology A person’s class situation is also basically his market situation. he explains according to him a class or group of people who have same positions in the market economy and therefore enjoy same rewards. He says that to have economic gains one has to develop their class in market economics and compete with each other. Weber assumes or looks class as the field of economics. The similarities and differences of the approaches will become apparent as Weber’s ideas are examined.

One of the finest German Sociologist Max Weber, since Marx has given us the most important progress in stratification theories. Emile Durkheim, Karl Marx, and Max Weber are said to be the three founders of Sociology. He was said to be an influencer and his ideas caused many social theories and social research. A German sociologist, philosopher, political economist, and Jurist, Maximilian Karl Emil Max Weber came in this world on the 21 st of April 1864 and took his last breath on the 14 th of June 1920.

Max webber sociology