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Essay on income inequality solutions
Essay on income inequality solutions
Essay on income inequality solutions
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Introduction Inequality is a topic that has been increasingly dismissed by many in power for a substantial period of time. Jones (2012) talks of how it has been thought of as an ‘airy- fairy irrelevance’: all that matters is that the living standards of all were improving; this has not been the case though, especially in Britain. This essay will focus on Britain arguing that unless inequality is urgently addressed, it will lead to a large range of economic and social issues. From this the uneven spatial access of resources shall be looked at with a specific focus on opportunity and trust, two issues which are in vital need of attention if poverty is to be alleviated. Politicians need to take a central role in attempting to eradicate inequality; Jackson and Segal (2004) argue that many people, including some on the Left express doubts about whether economic inequality matters to public policy. Wilkinson and Pickett (2009) in their book, The Spirit Level: Why Equal Societies Almost Always Do Better, highlight that less equal societies tend to do worse when it comes to health, education and general well-being. This has been echoed by many others (Brandolini, 2007; Jackson and Segal, 2004; Jones, 2012; Smeeding, 2004, 2005, 2006) yet the government has done very little resulting in inequality in Britain being the fourth highest in the developing world (Wilkinson and Pickett, 2009). Opponents of inequality will argue that if most of us are better off than we used to be, does it matter if some are much, much better off than most? This is a question that shall be addressed as it is central to promoting the argument that inequality is a matter of concern for us all. Defining Poverty Before continuing it is important to define what pover... ... middle of paper ... ... resource that must be utilised to move forward as a country and alleviate poverty. The Uneven Access of Opportunity “For me, the goal of social democracy is to create the sort of society in which the daughter of a Hartlepool shop assistant has as much chance of becoming a High Court judge as the daughter of a Harley Street doctor.” Peter Mandelson, 1998. The statement above from Peter Mandelson is a point which the UK should strive to work towards. Jackson and Segal (2004) note that the richer you are the greater ability you have to do as you want without interference from others. Using the example from above, the daughter of a Harley Street doctor would most likely get a good education and progress onto university if she wanted. The daughter of a Hartlepool shop assistant could have the exact same wants but economically it may not be possible to do as she wants.
The connection between poor living conditions, low income families, and inequality of varying groups go hand in hand when dealing with poverty as discussed in Evicted by Matthew Desmond. These issues are often swept under the rug for those not immersed in the situation and can even be unknown. There is gender inequality which can affect every aspect of life, including dwelling. There is also racial inequality which also renders the quality of life. Both themes have a deeper meaning and are connected at the source of poor education and job discrimination.
As much as society tries to deny the fact that the family that one comes from determines their fate, in almost every case this very fact is true. Today, we see how infants who are born into wealthy families are treated differently than children who are born into drug and disease-stricken poverty. Higher classed people stand out in society on both a local and national level much more than the average middle class working family.
Marshall (2005) identifies that “financial inequality” is not the solitary cause of “social inequality”, but it is often related. She suggests education plays a significant role in ‘class stratification’. Marshall (2005: p1), Part 2:
Taking Sides Summary-Analysis Form. Title and Author of Article: Christopher Jencks. Briefly state the main idea of this article: The main idea of this article is that economic inequality has steadily risen in the United States between the richest people and the poorest people. And this inequality affects the people in more ways than buying power; it also affects education, life expectancy, living conditions and possibly happiness.
...come in Australia. This report analysed Australia’s increase in poverty and ultimately the inequality gap between the low income earners and the high income earners. It is evident that although the line between inequality and equality are unlikely to meet it is important that individuals in society are receiving social justice.
Wilkinson & Pickett, (W&P) assert that society on the whole would be healthier, more successful and happier if the gap between the affluent and the poor was tightened. The ‘Spirit Level Book’, written by them in 2010, is one of the most influential books on social policy to date and it argues that not only does inequality affect the ones down the bottom of the ladder but everyone across the board. Affluent countries perform better when social indicators are more equal across society. This essay will assess the validity of Wilkinson & Pickett’s conclusions by comparing the works of authors that support similar arguments, to the work of authors who disagree with them. A comparison of these different approaches, with a critical look at what and how inequality is being measured reveals that there is no definite answer to the problems raised by Wilkinson and Pickett, although many of their statements are valid.
Economic inequality is ingrained in our society. Because of this fact, many would argue that “that’s just how it is,” but in reality this is not how a community is suppose to function. As Michael Sandel writes in his book Justice, “As inequality deepens, rich and poor live increasingly separate lives.” Sandel makes an excellent point. As economic divisions, such as the ones present in the United States, worsen, the classes diverge on every level. Wealthy people attend different schools, purchase luxury cars, and live in gated communities. Meanwhile, the poor live in squalor, use public transportation, and attend failing schools. Aside from the lack of a quality education making it harder to escape poverty, the poor are from birth at a disadvantage to those on the other side of the economic scale. The United States is not a land of guaranteed equality of result, that is...
Wealth inequality is a real issue that needs to be fixed. The imbalanced growth of the upper class compared to the middle class is a danger to American society as a whole. The rich becoming richer while the middle class remains the same leads to a power imbalance, with the rich using their money to run the country the way they see fit while the middle class speaks to ears that do not listen. The issue of wealth inequality needs to be fixed by raising taxes on the rich.
Preventing poverty and improving the school system can help prevent class reproduction, but Macleod argues that, "what is required is the creation of a truly open society--a society where the life chances of those at the bottom are not radically different from those at the top and where wealth is distributed more equitably" (260). Until structural inequality is eliminated, wealth is more evenly distributed, and discrimination between classes ends, social reproduction will be to well known by society.
Thesis: We were all born into a place with income inequality, but we have the power to make sure our children aren't.
Income inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution of income and wealth between the social classes of American citizens. The United States has often experienced a rise in inequality as the rich become richer and the poor become poorer, increasing the unstable gap between the two classes. The income gap in America has been increasing steadily since the late 1970’s, and has now reached historic highs not seen since the 1920’s (Desilver). UC Berkeley economics professor, Emmanuel Saez conducted extensive research on past and present income inequality statistics and published them in his report “Striking it Richer.” Saez claims that changes in technology, tax policies, labor unions, corporate benefits, and social norms have caused income inequality. He stands to advocate a change in American economic policies that will help close this inequality gap and considers institutional and tax reforms that should be developed to counter it. Although Saez’s provides legitimate causes of income inequality, I highly disagree with the thought of making changes to end income inequality. In any diverse economic environment, income inequality will exist due to the rise of some economically successful people and the further development of factors that push people into poverty. I believe income inequality e...
Minorities in the United States experience many issues from poverty to severe gaps in unemployment and resources. CLASP, a national anti-poverty nonprofit group tries to find solutions for low-income people/families by raising awareness of these issues. As stated on their web page:
In “The Great Dictator” Charlie Chaplin said “In this world there is room for everyone and the good earth is rich and can provide for everyone. The way of life can be free and beautiful. But we have lost the way. Greed has poisoned men's souls.” What is greed? Greed is an excessive desire to acquire or possess more than what one needs or deserves, especially with respect to material wealth. As a citizen of the United States, many have heard of the term the “American Dream”. James Truslow Adams, in his book “The Epic of America”, which was written in 1931, stated that the American dream is "that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.”
...between the gini coefficient and growth rate of Developing countries is -3.789 with a P-value of .398 and R squared of .132 and .103.
Inequalities exist an all aspects of life. The nature and result of such inequalities shapes our social as well as economic lives. As people progress through their educational life certain inequalities will result in different outcomes of schooling for different sets of people. “In post war Britain pupils from a working class background are constantly found to gain fewer academic qualifications, to be under represented in institutions of higher education and to end up in jobs offering little opportunity for social advancement'; (Brown 1987 p11). It is inequalities such as these that are present both in and out of school that will determine life chances of individuals. It is commonly accepted that education is the main determinant of where someone will find himself or herself in later life, certain experiences at different stages of the life cycle with regard to education will therefore have an effect on life chances. This essay will examine these in and out of factors and how at different stages in the life cycle they affect life chances.