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Taking this class is one of the best decision that I made. At first I was hesitant to take this class and simply just want a credit. All of the topic that we discussed in the class are mind blowing and increasing our awareness about our society.
In particular the wealth inequality in the United States of America. I only heard it to some news in tv about three to four years ago through the movement of a non-profit organization, "occupy wall street." Back then I was so naive, close minded, doesn't really care about what's happening in our society or simply mislead by corrupt and bias news (Fox and CNN). When I see the occupy wall street protesters in the street, I raised my eyebrow and called them people who doesn't have nothing else to do. Although deep inside me, I know there is something wrong about the system in terms of policy in the U.S, I'm
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just denying or ignoring it, just because it will not help me to pay my bills and to buy food in my table. As a deviant act, I refuse to vote, which is what I thought to believe is the best I can do. I came to realize that my defiance does not working at all, because, first, politicians that we vote are the one that makes policy that will affect us all. Maybe most people that do no vote, loose hope who ever runs in our government don't want to get blame for when the topic about politics come around. Perhaps this is the reasons why it is in a tale-talk regarding about a successful relationship, "never talk about politics." I have a trust issue when it comes to talk about politicians but choosing the right one, (if there is still any one out there) will make a difference. I never loose hope that someday one politician will rise above of all of them, not influence by corporations with their campaign contributions and does really make a difference. After learning the wealth inequality encourage me to vote for the first time. Furthermore, most corporations are the reasons why there is a growing problem about our wealth inequality in the U.S, together with politicians that protecting them through policy that mostly favors them than the majority of us. Corporations that only concerned about money- how to make profit, regardless of any human and environmental implications. If our government think that they are the job producers, we can also say that consumers such as all of us created their job leading to the growth of their corporations. As a way of defiance I decided to be a consumer wise, and knowledgeable for what I buy. I will make sure that their company do not support or use anything that will harm all living things. It's a small step but eventually I will influence my family to do it too. Migrating here in the U.S is the best thing happen in my life.
To become it's citizen and being able to work and go to school to have a better life. Motivated and up- lifting confidence to be called as a U.S citizen. But the more you know the more you realized how bad and corrupt our government is, but it wasn't always like this before. When I was kid I heard great story from my father about the "American Dream," how the U.S lead the world about equality and technological marvels. He even told me that when my times comes, everyone has everything; money, house, health, education, etc., it will be a great future a head. But what happens then that interrupt my father prediction? I'm pretty sure it's because of "greed." Greedy corporations that stop not only the U.S, but other country's innovations to have fair and equal life. And now every time I heard the word, American dream it reminds me of George Carlin, according to him "the reason they call it the American Dream, is because you have to be asleep to believe it." Perhaps it's not happening in my life time but I'm still hoping that it will happen in the
future.
David J Lynch says that, “ [s]ocieties that manage a narrower gap between rich and poor enjoy longer economic expansions”, however, in the United States the gap between the have and have-nots has widened (source C). “This country is just getting worse and worse and worse … and that is not a recipe for stable growth” (source C). If we do not do something soon our capitalist country will fall. In order for the income inequality gap to lessen to create a more stable economy the government must invest in education and unionize workers and not provide higher taxation for the top one percent.
Inside of this video, this guy really targets an issue nobody has really been presented. He shows charts that talk about how we Americans think our wealth is distributed. We think distribution is doing alright. Americans think that the bottom 40% is getting a bit of money. They also believe that the middle class is doing reasonably well. Unfortunately, that is not the case. In the video, he breaks it down a little bit getter. He shows a graph that shows how money is actually being distributed. The poorest of poor don 't even register on the poverty line. The middle class is barely making it. And then there is this huge difference between "the rich" and the poor. It is proven that the 1% of America has 40% of the entire nation 's wealth ("Wealth Inequality in America."). The bottom 80% of America only share 7% of the nation 's wealth among themselves. The top 1% has 50% of the stocks, bonds, and mutual funds. The bottom 50% of Americans only own 0.5% ("Wealth Inequality in America."). The poor is not just getting by but they are scraping and fighting to get by. Now that it is clear that there is a lot of poor people in America, it is important to figure out how to fix
The Longman Dictionary of English Language and Culture defined the American Dream as “the idea that the US is a place where everyone has the chance of becoming rich and successful.”But those principles have changed. It has become something that is further out of reach for most people without facing misfortune. It has been tainted by greed, power, anger, and jealously. J. G. Ballard said “the American Dream has run out of gas. The car has stopped. It no longer supplies the world with its images, its dreams, its fantasies. [It is] no more. It 's over. It supplies the world with its nightmares now: the Kennedy assassination, Watergate, Vietnam.” The American Dream has causes destruction. The American Dream is disillusionment.
Wealth inequality and income inequality are often mistaken as the same thing. Income inequality is the difference of yearly salary throughout the population.1 Wealth inequality is the difference of all assets within a population.2 The United States has a high degree of wealth distribution between rich and poor than any other majorly developed nation.3
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.
First, what is the American dream? According to David Wallechinsky, “the traditional American Dream is based on the belief that hardworking citizens can improve their lives, pay their monthly bill without worry, give their children a start to an even better life, and still save enough to live comfortably after they retire” (1). “The American Dream” states, “It has always represented the possibility for individuals to succeed and live a life of wealth and comfort, made possible by both the political and economic attitudes in the USA and the individual’s own hard work” (1). Daniella Nicole adds that “in years past, chasing the American Dream meant the sky was the limit. . .” (1). “At the core of the concept is the individual’s responsibility to aim for and achieve the American dream by working hard and taking advantage of the freedom offered to them by the country” (“The American Dream” 1). “A recent nationwide survey from LearnVest found that 43 percent of Americans today feel the dream is attainable for everyone - and about the same percentage feels that it’s within their grasp, personally,” notes Camille Noe Pagan. “For American Dreamers today,” states Nicole, ...
There are various individuals throughout the world who believe that the American Dream cannot be achieved by all people. Those who agree with this view believe that our culture contains too many roadblocks and obstacles. Some of these obstacles include prejudice, poverty, and social inequality. Another view on this matter is that others believe that America is the “Land of Opportunity”. They also believe that if you can believe it, you can achieve it. Back in the early 20th century, The American Dream meant something to people; nowadays it is a term that various people loosely throw around. The American Dream is not realistic because it is not attainable to everyone like Cal Thomas presumes and although education, budget cuts and lack of employment may seem of some concern to only a small group of people, it should in fact concern anyone who cares about the status of the economy.
What is wealth inequality? “It is the difference between individuals or populations in the distribution of assets, wealth or income.” [1] In sociology, the term is social stratification and refers to “a system of structured social inequality” [2] where the inequality might be in power, resources, social standing/class or perceived worth. In the US, where a class system exist, (as opposed to caste or estate system) your place in the class system can be determined by your personal achievements. However, the economic and social class that an individual is born into is a big indicator of the class they will end up in as an adult. [3] What are the effects of this wealth inequality in the US and what causes it as well as some possible solutions and their ramifications will all be discussed and answered below.
“When I get older, I will be stronger, they’ll call me freedom just a waving flag” (K’naan). Being wealthy, having freedom, being able to control your own destiny, some say material possessions, and others say having power are the real values of the American Dream. For many people, especially Americans, their American Dream is based basically upon reaching a higher standard of living. James Truslow Adams gives us useful information about the American Dream. He states in his book The Epic of America which was written in 1931, 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.” His idea or information still stands out today. Everyone is looking for a better life, a better future for his/her kids. They want life to be richer, fuller, and better.
The American Dream, recognized as being the earning of a college degree, the owning of one 's own home, taking vacations and experiencing upward social mobility, is a very important belief that helped create the success that America is today. Many people believe that anyone who works hard and has determination can achieve this American Dream. In this day and age, experiencing the American Dream is believed to no longer be as available to Americans as it once was. The economy and corporate America have had a strong impact on the availability to reach this state of success. Everyone wants to live the American Dream, whether they know it or not. I have never met a person who did not want to become successful. Even I had a strong belief that the
The American Dream is an idea that anyone can live in the United States through hard work and live happy successful lives. There are many obstacles that would stand in the way from achieving the American Dream. Fear, money and education/training, families changing in size, disability, race and gender, are some of the hurdles that many Americans face as they try to achieve the typical American Dream.
Throughout American history, wealth inequality has taken many different forms, and has affected many people and groups in different ways. In the following analysis, two measures of 'wealth inequalities' will be used. First is a more traditional view, regarding the distribution of income and wealth among the upper to lower classes. The size of the gap has varied over time, widening and compressing throughout American history. While America has been thought of as a middle class nation, this is a fairly recent phenomena that began after World War II. In this context of today, this idea appears to be fading as wealth is becoming more concentrated towards the upper classes. Additionally, these effects of both the concentration and equalization of income distribution can differently affect groups of people.
Income inequality has affected American citizens ever since the American Dream came into 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 American Dream was and always will be something that makes America great. It allows those with aspirations to make them come true. In America alone needs is a dream and the motivation to carry out that dream. Ambition is the driving force behind the American Dream. It allows any one that has an aspiration, a desire, a yearning, to carry out the individual dream. It knows no bounds of race, creed, gender or religion. It stands for something great, something that every one can strive towards. A dream can be a desire for something great. In America, the American Dream allows dreams to become realities. According to Webster's New World Dictionary, the American Dream is defined as "An American social ideal that' stresses egalitarianism and especially material prosperity". To live this dream is to succeed. It allows anyone, rich or poor to have the opportunity to succeed. It is the ability to come from nothing and become so me thing. To succeed at any thing you do, you must have patience and persistence. It requires hard work, persistence and a desire for something better. To have these qualities and the desire and ambition to carry the moutis part of the American Dream.
When the term ‘American Dream’ was first mentioned in 1931 by James Truslow Adams, he described it as “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.” (Clark). When Adams mentioned the term, it had much more of an idealistic meaning, rather than the materialistic meaning it has in modern society. At the time of it’s mention, the dream meant that prosperity was available to everyone. In the beginning, the American Dream simply promised a country in which people had the chance to work their way up through their own labor and hard work (Kiger). Throughout history, the basis of the dream has always been the same for each individual person. It