Marx thought of inequality in terms of two main classes. in contrast, weber envisioned inequality in terms of

Weber envisioned inequality in terms of "socioeconomic ranking".

Socioeconomic ranking is a monetary and sociological consolidated aggregate measure of a man's work involvement and of a person's or family's financial and social position in connection to others, in view of wage, instruction, and occupation. Education in higher socioeconomic families is commonly emphasized as significantly more essential. 

The declaration of sentiments