Economic Justice Is Not Possible

Emphasis is heavily placed on the concepts social justice and economic justice as well as they seem to be very complex. The concepts are typically used together to describe equal opportunities socially and economically (Briana, 2016), however in reality we face social and economic injustice. When the concepts social and economic justice

Economic inequality has been steadily growing over the past decades. According to this article, “In more recent years, accumulation of wealth by economic elites has received greater attention. Not only are the rich becoming richer, but the disparities are growing the fastest at the top. In the United States, for example, growth in wealth has occurred mainly at the very top of the scale.” (Hansen 457). This means that wealth begins to expand and business owners earn more, however pay more but not a lot more then previously. This would be a good thing, but not everyone in America is a business owner. In fact, the majority of citizens slightly benefited from the growing economy. While most view the economy as unequal, the upper class and even U.S representatives consider it fair and justified (Kraus and Callaghan

In the United States, income inequality is obvious and widespread. Presidential candidates realize income inequality will be a major point of any presidential campaign. The major civil rights issue of today is income inequality. Such a large misdistribution of wealth has likened modern economics to slavery. Lower-income workers are forced to work longer hours at a stagnant wage to maintain consumption. On the other hand, to say that the super-rich are beyond fairly compensated is an understatement. The top 10 percent of wage earners received 48.2 percent of total earnings in 2012. The super-rich make the rules of the game (laws) favor the rich. Those with large wealth control the decisions that affect employment, wages, and benefits through

By 2020 in the state of California the average white man will be minority, and a man from Mexican descent will be of the majority. This stat is foretelling of the world we are progressing to. America’s label as a giant melting pot will continue to ring true as we see more and more immigrants migrate to the states. Majority of these immigrants are fleeing from war or civil turmoil. They flee to America in hopes to live a better life and be able to safely fertile a new beginning.

The biggest problem in today’s economy is wealth distribution also known as income inequality. Income inequality is the unequal distribution of income across various participants in a nations economy. This unequal distribution can be seen when looking at things such as property, valuable possessions, stock, savings, and investments. While the wealth of the US is clearly distributed unevenly, a “gap” between the rich and the poor continues to grow. Wealth distribution and the gap between the rich and poor is directly related to the concept of unequal opportunity. Economists such as Andrew Carnegie and John Kenneth Galbraith both believed that the economy is unfair and everyone should be given an equal opportunity to become wealthy and successful. People who are more fortunate should also try to help better the community and put there wealth towards society. Other economists such as Thomas Malthus and Garret Hardin believe that there will always be some percentage of humans

In every country around the world you can see some form of inequality. The United States is not the only place in the world where people are living in an unfair social system. Inequality can span from racism, sexism, sexual orientation, where you live and how much income you make. You see in the U.S you are placed in a social class based on the amount of money you make a year. There are 6 different social classes in this country that everyone is placed in. Upper class, New Money, Middle class, Working Class, Working poor, and Poverty level. The two most important social classes in my opinion are the Upper Class and the Poverty level. Being in the upper class

I chose to write this draft because after reviewing each core reading and comparing its material, I realized my view of economic injustices was very clouded. I was so captured by Nick Hanauer’s TED conference I completely forgot about any other issues concerning problems in our economy. My target audience I am trying to reach is the struggling middle-class Americans who may be confused about what is putting the middle class in an unfavorable position economically. By writing this essay, I was hoping to sway the readers with facts and possibly open their minds to interpret and analyze different perspectives when it comes to the issues our middle class faces.

Economic inequality reigns as a massive divide in the United States of America. Many active policies cause people to occupy an economic level which is meant to benefit those above them. With that said, there have been many efforts taken in hopes of reducing the current levels of economic inequality, but with these efforts, money and wealth will have to be taken from the rich to give to the poorer. This is where the problem lies with wealth inequality – many have to sacrifice for those whom they presume to be unworthy of benefiting from their fortunes. Education, wealth, race, and power all play a role as to why action will not be taken to reduce the current levels of inequality in America.

If one particular individual (or family) was given all the resources available to help them thrive and another individual lacked basic necessities, how is this fair? Similarly, if 1% of the American population owns a vast majority of our society’s riches compared to the other 99% who work hard and still have a hard time making it, how is this fair? Income inequality is when there are recognizable problems as far as redistribution of wealth within our society yet the people (i.e., the “1%ers”) who could make the biggest difference in fixing these problems fail to. That is not to say that the current solutions do not help but realistically, more should be done to correct these issues. Per Blau (2014), “if businesses do not pay their employees adequate wages, these workers cannot buy enough to keep the economy

I agree that we need to find a solution for income equality as well as social equality, something that more than likely never occur. No one’s race or culture is better than the next, we should all be “entitled to an equal chance.” Bottom line is, we all want to provide a better living as well as a better education for our children in an equal society. I feel the government should do more to reduce it, Economic inequality has not only created unequal opportunity in our country, but has left the lower and middle income families to struggle, damaging our society. Economic inequality, the extent of disparity between high income and low income households, is rising in the United States. The rich are getting richer and the poor are getting poorer. Some argue that economic inequality is beneficial as it motivates an individual to “innovate and specialize to create goods

In the most general sense, distributive justice refers to justice in the allocation of resources while commutative justice refers to justice in acts of exchange. Distributive economic justice requires that every individual should have the moderate income needed for the basic necessities while commutative economic justice requires that the price of commodities be set at an agreed upon standard of equity (Macpherson 7). “Minimum wage” serves as a tool for distributive economic justice as it ensures that citizens have the means for basic sustenance while the “free market” system serves as a tool for commutative economic justice as its grants largely unrestricted access for both consumers and producers. To date, most of the research regarding economic justice has supported distributive theories because the main requirement for commutative economic justice, equality of access, is limited by uncontrollable forces like geography, race, and gender, which can all prevent access to economic systems (Armour

Another significant reason that economic inequality is unjust is because it creates a society with deeply unjust social divisions. Economic inequality breeds sharp class divisions between those with more opportunity and less, often along racial or gender lines, which ultimately results in conflict between individuals. Further, political power is often concentrated among the wealthiest individuals of American society, allowing the wealthiest to concentrate their wealth through unjust rule of law and to prevent social mobility. In A Theory of Justice, John Rawls explains,

Inequality is a very concerning issue that affects millions of individuals worldwide. There are many forms of inequality but only two disciplines which include economic and social inequality. Both these forms describe the unequal distribution of resources among individuals in a group, among groups in a population, or among some countries. Between the two, economic inequality is the one more focused towards the business world. Economic inequality is the unequal distribution of income or wealth which can also be referred to as income inequality. This form is often associated with income fairness and is generally considered unfair due to the large differences between the high class individuals and the middle and lower class individuals. Income

If you asked anyone what they would consider being a fair and equal society, the majority of people’s answers would turn towards democratic states such as the US and the UK. When people think of democracy, they view the system as a one where freedom, equality, and prosperity thrives, this, however, is far from the usual cases we see today. The systems that are used to maintain democratic ideology mean virtually nothing when other factors surrounding its existence threaten the main cause of democracy, to help the people. The state of capitalism creates a very unequal and unstable class hierarchy, the

How do you decide what is and isn't fair? Many countries have policies based on equality of opportunity. These are policies that result in a transfer of wealth from the rich to the poor. In spite of this, these policies do not result in greater equality. Nations of the world are characterized by a disparity between the rich and the poor. The prevailing myth is that this disparity results from capitalism and the use of free markets. The facts are that the disparity is greater in societies that don't use free markets. Soviet Russia had two distinct classes. The upper class was comprised of the bureaucrats and the rest of population constituted the lower class. This disparity also exists in China. This is another way of saying that there is no middle class. Brazil is another country with a very marked disparity between the rich and the poor. Societies cannot have equality as a higher priority than freedom.