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Essay on inequality in economics
Essay on inequality in economics
Economic inequality research paper
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Rhetorical Analysis: Richer and Poorer In the essay “Richer and Poorer” written by Jill Lepore and published in the New Yorker in March 16, 2015, the author argues how the United States has the largest economic inequality in the world, and how it’s been going on for years. The audience the author is pursuing for this paper are those who are either well educated, those who are up to date in recent political regimes, and the affluent to acknowledge those who must stomach economic inequality. The author demonstrates the use of logos, pathos, kairos, and ethos effectively in the paper; the main point of this paper is to analyze her rhetoric. Ms. Lepore paper was written to explore the views on economic inequality. She puts evidence in her paper …show more content…
by using other authors, stories, and numbers based on research and data collected over the years. The essay the author wrote uses all the rhetorical devices in different areas within the paper, to keep the reader engaged with it.
It is important to realize that the author is to educate her audience by using factors that activates the left side of the brain or the logical part of it. Jill Lepore’s essay enlightens the readers’ understanding of her paper through logos. The author effectively uses data from research from the tax data and Gini index, with logos when she writes, “Income inequality is greater in the United States than in any other democracy in the developed world. Between 1975 and 1985, when the Gini index for U.S. households rose from .397 to .419.” (Lepore, 1). This piece of information shows the data gathered from a time that isn’t so far in the past, and how inequality has been very high just twenty-six years ago. Another part of this is from, Piketty and Saez tax data (Page1, Paragraph 3), which goes with the information of economic inequality by finding the percentage of groups’ income. This data discusses the amount of income for households and views the income of individuals who belong to either the low, middle, or high class giving an idea of what these people receive as income. All of this makes those who suffer from inequality to consider what happened, and what can they do to …show more content…
rectify what has happened for a better future. However, a person needs to gain support not just through data, numbers, research, and logical thought, but through emotion as well. Jill Lepore uses a few stories, where it reveals her use of pathos. She writes “The book Our Kids proceeds from the depressing assumption that presenting the lives of poor young people is the best way to get Americans to care about poverty.” (Lepore, 3). It goes on to discuss how an individual who falls on hard times, this being a fear that any rational being would have in life, the story compares the poor kid with the rich family who lives a life of luxury in a ‘what if’ statement. Within the story, it points to a certain placement, which talks about a woman named Wendy, “Wendy, who is part of a rich family who worked hard to get there, who wants to keep their kids successful and not pay to for kids who just sit around.” (Lepore, 5). This statement from the story is to discusses how Americans don’t care about the children from other people and only care for their own. This view that people have is an “everyone for themselves”, not to better our fellow humans. The paper makes it a point to divulge that children are important for society and the future. That the children that we see every day from different economic backgrounds are to take the places of those who are at the helm of our society and if every child doesn’t get the same opportunity given to them a lot of other chances will disappear within society. The children who live in a place that can’t give them a well-educated background aren’t just numbers that don’t have feelings, that don’t want to make a change, it’s that they weren’t given the chance to make the change. That all of them inside the machine we call society are important cogs, that need help so they can be a part of the machine and help make it run smoothly. Although Ms. Lepore isn’t the author of the story she uses it in her paper to help her make a case upon economic inequality, because she is a writer for a large magazine. Ms.
Lepore effectively meets the requirements of kairos with her publishing this essay in the year 2015, which was just a year and four months ago, this date indicates that the issue is still taking place and has been an issue far too long. Adding to that point is it was published in the New Yorker, a company well informed on political and national issues. These situations help the author make her points and where she is coming from. In addition, to her job showing how credible she is, her credibility is viewed in the way she uses her research, and the way she
writes. Ms. Lepore demonstrates her understanding of ethos inside the essay so her audience will take her seriously. She accomplishes this goal through her publisher being the New Yorker which has access to political cartoons, essays, and other material. It also is one of the most widely read political magazines, this should indicate that she is up to date on political and national issues and is knowledgeable on the subjects. Within the contents of the paper she explores the findings from the two researchers named Stepan and Linz who discovered that twenty-three democracies having advanced economies. In the paper she writes about their findings, “The veto players within each of the governments. More than half of them have only one veto player; most of these countries have unicameral parliaments. A few countries have two veto players; Switzerland and Australia have three. Only the U.S. have four. Then they took the veto player numbers: The more veto players in government, the greater the nation’s economic inequality.” (Lepore, 9). This information, she adds, is from two researchers who studied the twenty-three governments economy, and she uses these two to give her points more meaning by using the research from others to strengthen her claims and to show it isn’t just her opinion or her view alone. Equally important as well is the conclusion the author comes to at the end of the paper. Jill Lepore had read and viewed these stories and researcher to strengthen her papers content this allowed the audience to see her capability with this paper. She does this from using stories that sway people’s emotions, to different researchers, ideas and theories that have been around for at least a century or more now coming into focus a bit more. All these strengthen her claims, her argument, and help inform her audience how economic inequality is affecting their nation. She in the end writes about this so the masses can see what has been happening for decades with their economy and how Americans need to change it not just through treating children differently, but to change it with the nations congress.
Christopher McCandless and Adam Shepard both did some similar targets in their lives, at the end it lead them to unexpected situations. Christopher McCandless was a young man who didn't believe in society and he chose to get away from that and left everything he had, including his family. He developed important relationships with key people that helped him on his journey into the wild. Similarly Adam Shepard was a young man who left with only $25 and a sleeping bag to go prove his point that the american dream does exist and to see if he can achieve it in a couple of months. Overall comparing McCandless and Shepard, Christopher McCandless had a greater impact in people, motivated many, and was selfish in plenty of good ways.
In Confronting Inequality, Paul Krugman discusses the cost of inequality and possible solutions. Krugman argues to say that it is a fantasy to believe the rich live just like the middle class. Then, he goes into detail about how middle class families struggle to try to give their children a better life and how education plays a factor in children’s future lives. For example, children’s ability to move into higher education could be affected by their parents economic status. Also, He discusses how politicians play a role in the inequality, because most of politicians are in the upper economic class. Finally, Krugman says how we could possibly have solutions to these various inequalities, but how America won’t get
Inequality, itself, may seem like an aspect that is surrounding the academic subject of history. An American economist, Paul Krugman, substantiates that inequality exists within our society through connections to several important historical movements. “One of the best arguments I’ve ever seen for the social costs came from a movement [...].” (Page 562) He implies how inferior inequality could be, and discusses why he along with a wide array of an American audience, may give some attention to its rising. Krugman makes “Confronting Inequality,” interesting, challenging, and enjoyable. This author approaches the audience by giving a powerful inception, and appealing to the senses of ethos and pathos.
In this paper, Gregory Mantsios compares and contrasts class in America. He uses facts to support his point that things are getting better for the upper class, while things are increasingly getting worse for the middle and lower classes. Throughout the paper, he demonstrates comparing and contrasting by using “myth” versus “reality”.
With each class comes a certain level in financial standing, the lower class having the lowest income and the upper class having the highest income. According to Mantsios’ “Class in America” the wealthiest one percent of the American population hold thirty-four percent of the total national wealth and while this is going on nearly thirty-seven million Americans across the nation live in unrelenting poverty (Mantsios 284-6). There is a clear difference in the way that these two groups of people live, one is extreme poverty and the other extremely
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. Another idea that he brought up was that the American government tends to give less help to the unemployed than other rich countries.
Wilhelm, Heather “The Great Income Inequality Sham” Real Clear Politics. May 2013. Web. 29 Apr 2014.
In the United States there are four social classes : the upper class, the middle class, the working class, and the lower class. Of these four classes the most inequality exists between the upper class and the lower class. This inequality can be seen in the incomes that the two classes earn. During the period 1979 through the present , the growth in income has disproportionately grown.The bottom sixty percent of the US population actually saw their real income decrease in 1990 dollars. The next 20% saw medium gains. The top twenty percent saw their income increase 18%. The wealthiest one percent saw their incomes rise drastically over 80%. As reported in the 1997 Center on Budget's analysis , the wealthiest one percent of Americans ( 2.6 million people) received as much after-tax income in 1994 as the bottom 35 percent of the population combined (88 million people). But in 1977 the bottom 35 percent had about twice as much after tax income as the top one percent. These statistics further show the disproportional income growth among the social classes. The gr...
Income inequality in the United States has increased and decreased throughout history, but in the recent years, the widening gap has become a serious issue. Income inequality is usually measured by Gini coefficient. According to this method coefficient varies between 0 and 100; while 0 represents complete equality (income is distributed equally among all the population of the country), 100 represents complete inequality (only one person receives all the country’s income, while the rest of the population receives nothing). According to the Census of Bureau, the official Gini coefficient in the U.S. was 46.9 in 2010. This is way higher than the all-time low coefficient of 38.6 set in 1968 (qtd. in Babones).
Income inequality in the United States, as of 2007, has reached levels not seen since 1928. In 1928, the top one percent received nearly 24% of all income within the United States (Volscho & Kelly, 2012). This percentage fell to nearly nine percent in 1975, but has risen to 23.5% as of 2007 (Volscho & Kelly, 2012). Meanwhile, in 2007 (see
Social and economic class is something we as Americans like to push into the back of our minds. Sometimes recognizing our class either socially or economically can almost be crippling. When individuals recognize class, limitations and judgment confront us. Instead, we should know it is important to recognize our class, but not let it define and limit us. In the essay, “Class in America”, Gregory Mantsios, founder and director of the Joseph S. Murphy Institute for Worker Education at the School of Professional Studies, brings to light the fact that Americans don’t talk about class and class mobility. He describes the classes in extremes, mainly focusing on the very sharp divide between the extremely wealthy and extremely poor. In contrast, George
Divisions within the social stratum is a characteristic of societies in various cultures and has been present throughout history. During the middle ages, the medieval feudal system prevailed, characterized by kings and queens reigning over the peasantry. Similarly, in today’s society, corporate feudalism, otherwise known as Capitalism, consists of wealthy elites dominating over the working poor. Class divisions became most evident during America’s Gilded Age and Progressive era, a period in time in which the rich became richer via exploitation of the fruits of labor that the poor persistently toiled to earn. As a result, many Americans grew compelled to ask the question on everyone’s mind: what do the rich owe the poor? According to wealthy
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...
Income inequality continues to increase in today’s world, especially in the United States. Income inequality means the unequal distribution between individuals’ assets, wealth, or income. In the Twilight of the Elites, Christopher Hayes, a liberal journalist, states the inequality gap between the rich and the poor are increasing widening, and there need to have things done - tax the rich, provide better education - in order to shortening the inequality gap. America is a meritocratic country, which means that everybody has equal opportunity to be successful regardless of their class privileges or wealth. However, equality of opportunity does not equal equality of outcomes. People are having more opportunities to find a better job, but their incomes are a lot less compared to the top ten percent rich people. In this way, the poor people will never climb up the ladder to high status and become millionaires. Therefore, the government needs to increase all the tax rates on rich people in order to reduce income inequality.
Money is an essential part of life where every people can satisfy whatever they need and every person in America has a chance to find a job. However, some of the people in the country wanted to go on with their life freely by being a part of a welfare. Furthermore, distribution of wealth is a huge demand of every citizen. Everyone today is trying to look down for every people in the lower class, as they did not give any benefit to the country, waiting for the benefits that they will receive from the government. For instance, when most lower class people have gone through a financial crisis due to overspending, insufficient fund or pay for their work to support themselves and/or their family. The example shows that lower class people made the economy of the country unstable, however, the middle class and the higher class is at fault as well. Furthermore, even though the benefit of that the lower class received is from the middle class, the middle class as well benefits from the higher class. To sum up, every class is at fault towards giving the country’s economy a positive