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Income inequality social issue
Social inequality and its effects
Social inequality and its effects
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What is one of the biggest problems in Latin America today? Is it the slums that some people live in or the way poor people are treated? Both these ideas connect to Latin America’s largest problem today, the major income gap between the rich and the poor. When people think of Latin America in modern day some will think of the rich citizens who live prosperous lives, but many of them also think of the poor folk who live in slums such like the favelas of Rio. This might not seem like such a big issue to us, but for the people of Latin America this could not only affect their economy, but their politics as well. So, why is this important, what does this have to do with anything? Other than a political or economic problem the income gap is a matter of social justice. How can people live like that? Why do 10% of the richest get half the income while the poorest 10% only get 0.8%? This is an unfair way of living. How is this important one might ask. Well these statistics, and the reality could make the poor angry. Numerous revolts have occurred and what is to say that the needy will not do that again. This is a matter of social justice that needs to be fixed. Other research also shows that the unprivileged have a shorter lifespan than middle and upper class citizens. This could lead to a drop in Latin America’s population and also drop the employment rate. Overall there are many reasons why this pressing issue of the income gap is so important but the real question is, how will this impact Latin America as a whole. Many of the reasons why the income gap is important tie into how it impacts Latin America. People living in the slums are prone to catching diseases. This could lead up to the spreading of those diseases and many people be... ... middle of paper ... ...r government and help reduce the income gap that exists today. Overall the government can help narrow this income gap in many ways if they tried. In conclusion the increasing income gap in Latin America is becoming a big issue in modern day society. Not only is it affecting the citizens of Latin America but someday this can also lead up to us, the people of the US. The rich could even, eventually take over leaving the poor in an even worse state than before. However, with help we can change this gap and aid the poor to get jobs to help the growing economy of Latin America. With all the people living in these countries they could become a very successful area of the world only if this unfair treatment is stopped. In the long run the only thing that is keeping Latin America from becoming prosperous, (all around), is the wide income gap between the rich and the poor.
“Latin America includes the entire continent of South America, as well as Mexico. Central America, and the Caribbean Islands. Physical geography has played an important role in the economic development of Latin America.” (Doc A and Doc G) Latin America has many unique cultural characteristics, industrial products, agricultural products, and human activity.
Immediately following the war with Spain, the United States had both the political will to pursue imperial policies and the geopolitical circumstances conducive to doing so. But the way in which these policies would manifest was an open question; was the impulse to actively remake the world in America’s Anglo-Saxon image justified? Hence, there were several models of American imperialism at the turn of the twentieth century. In the Philippines, Hawaii, Puerto Rico, and Samoa, the United States asserted unwavering political control. In Cuba, and later throughout most of the Caribbean basin, the economic and political domination of customarily sovereign governments became the policy. Ultimately, the United States was able to expand its territory
She provides captivating counter perspectives that add hope to what is understood about urban poverty in Latin America. She writes using compassion and personal stories to portray larger topics substantiated with statistical analysis. Perlman’s research has provided proof of an overall improvement in living standards and a surprising increase of upward mobility, especially among families that have fewer children. However, not all of her subjects make their way out of poverty. She discovers many innovative social interventions (by community organizers, nongovernmental organizations, and international agencies) that, if replicated, could have widespread benefits. Perlman worries that the emerging democracies of Latin America have so far failed to fully incorporate their expanding urban populations and produce enough good jobs. But their uplifting reportage from the edge provides solid ground for reasoned optimism.
Religion is a huge part of the lives of the people of Latin America. It is not so much just a belief but a way of life.Whenever you discuss religion in Latin America you have to be able to understand the meaning of the Church, because of the fact that approximately 90% of the people who live in this region practice Catholicism. Due to Spanish and Portuguese colonization that started in the 1500s. Latin America was under the control of the Catholic Church,and about 80% of the Latin Americans identified as Catholics. While the Catholic Church is a big part and has a big political impact too in Latin America, it can no longer be seen as the only religion practiced. The religious image of Latin America is further clouded and complicated by
Mignolo, W. D. (2005). The Idea of Latin America (pp. 1-94). Malden, MA: Blackwell Publishing.
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...
Wesson, Robert. Politics, Policies, and Economic Development in Latin America, Hoover Institution Press, Stanford, California, 1984
Today, the region’s level of inequality is staggering compared to the rest of the world. However, Latin America has been able to decrease its most troubling issue through economic growth along with proper government spending to support its impoverished citizens. As a result, the region’s economy expanded by 6%, the overall poverty levels returned to the pre-crisis levels with the rate dropping to 32.1% in 2010. The Gini coefficients of individual Latin American nations are comparable with America’s; Uruguay and Venezuela numbers were at .433 and .412, respectively, while the United States had .468 during the late 2000’s (Gasparini and Lustig 3). While the area is not a perfect economic utopia, Latin America is making strides in attempting to do so given the relatively short time they have implemented their policies to redress the inordinate issue of income
Income inequality has been a major problem facing American society for decades, but has recently become a major concern. I personally believe the major gap between the income of the rich and poor is a not just, but is not a major concern for the government and society. If the Federal Government addresses other major concerns facing American citizens the inequality will be adjusted due to other changes. The government needs to step in and adjust minimum wage and public education. If the government was to raise minimum wage and give public schools more money to support students educational needs than the income inequality would begin to be adjusted. I strongly believe income inequality is a major problem in today’s society; however, other issues need to be addressed before the gap between the rich and poor in America can be reduced.
Like many countries in Latin America, Brazil has had some success in reducing poverty and inequality over the last two decades – in contrast to the global trend of widening gaps between rich and poor, which has become a growing concern since the financial crisis. The world is waking up to the corrosive effects of inequality, not only on society, but also as a drag on further economic growth.
Peru is a country that is steadily growing economically. Peru is classifies as upper middle class by the world bank and has the fastest growing GDP by 6.3 percent growth rate. They are ranked 39th in the world for total GDP. Peru is considered to have the most dynamic economies in latin america. Peru is also ranked 8th out of the 10 fastest growing economies in the world. However the real problem in the country is poverty. 59 percent of the country live in poverty and 19 percent of the country live off of less than 1 US dollar a day. Peru has taken this into consideration and has been working for the past five years to fix this problem. About 15 percent of the urban population was poor last year. On the other hand, the rural population
...ot let this inequality gap continues to rise; therefore, the government needs to tax heavily onto the rich people, and redistribute their money to the poor.
Mexico has made a remarkable job in reducing poverty and inequality rates. However, even when poverty rates have decreased, extreme poverty rates are still existent. As mentioned above, the gap between the wealthy and the poor in Mexico is outstanding. Research conducted by the INEGI, found that only 1.7% of the population constitutes the highest income class. The middle income class encompasses 39.2% of the population, and 59.1% of the population comprehends the low income class. Now, based on the standards established by the INEGI, low income is not a synonym of poverty. INEGI defines the low income population as those whose salaries are stable although not high. To illustrate this, some examples of the jobs that low income people usually hold are receptionists or supervisors in convenience stores. Though their salaries are stable, their income is still low. Out of that 59.1%, only 18% accounts for extreme poverty. Which means that 18% of the population live with under USD $2 a day.
As living conditions, support systems, crime rates, etc. continue to worsen at the current pace for lower classes, society will begin to see drastic changes in it’s functionality. There is much debate over how the current issue of income inequality can be solved. Some popular suggestions are to set limits on how much a single person or company can make, or to increase taxes substantially for those who make exponentially more money than the average to impoverished worker. In order for society as a whole to be at its most productive and prosperous, the gap between inequality needs to be decreased significantly. While inconsistency may increase incentive, the current system is crippling to those who fall into the lowest
Latin American dictatorships in the 20th century have affected the poverty issue in the country, through their huge investment with the US, the inflation rate increased. Inflation proceeded worsened the conditions of the poor. The dictatorships raised GDP, on the other hand, made the poor poorer in comparison to the rate of