system and then developing into a future communist society in which: "the free development of each is the condition for the free development of all". This would mark the beginning of a classless society in which human needs rather than profit would be motive for production. In a society with democratic control and production for use, there would be no class, no state and no need for financial and banking institutions and money. These theorists have taken this binary class system and expanded it to include contradictory class locations, the idea that a person can be employed in many different class locations that fall between the two classes of proletariat and bourgeoisie. Erik Olin Wright stated that class definitions are more diverse and elaborate through identifying with multiple classes, having familial ties with people in different a class, or having a temporary leadership role. Weberian Max Weber formulated a three-component theory of stratification that saw social class as emerging from an interplay between "class", "status" and "power". Weber believed that class position was determined by a person's relationship to the means of production, while status or "Stand" emerged from estimations of honor or prestige. Weber views class as a group of people who have common goals and opportunities that are available to them. This means that what separates each class from each other is their value in the marketplace through their own goods and services. This creates a divide between the classes through the assets that they have such as property and expertise. Weber derived many of his key concepts on social stratification by examining the social structure of many countries. He noted that contrary to Marx's theories, stratification was based on more than simply ownership of capital. Weber pointed out that some members of the aristocracy lack economic wealth yet might nevertheless have political power. Likewise in Europe, many wealthy Jewish families lacked prestige and honor because they were considered members of a "pariah group". Class: A person's economic position in a society. Weber differs from Marx in that he does not see this as the supreme factor in stratification. Weber noted how managers of corporations or industries control firms they do not own. Status: A person's prestige, social honour or popularity in a society. Weber noted that political power was not rooted in capital value solely, but also in one's status. Poets and saints, for example, can possess