Income Inequality Essay

1144 Words5 Pages
Income inequality is a phenomenon that is undeniably real in our current world, and more specifically, the present United States. Canon describes how the gap between the elite and the poor has been consistently growing for many years and continues to widen (189). Whether the differences between the top and the bottom are a threat to current society is another story. Does income inequality undermine a democracy? Ray Williams argues that societies are strongest when they have a higher rate of equality while George Will challenges that inequality is the very basis of what make democratic processes. A. Barton Hinkle takes a Libertarian approach to the idea that inequality is threatening to democracy and how it can be fixed. Some threats that each article addressed were economic impacts, civility, and fairness. Overall, there is a definite need to evaluate whether the United States democracy is being threatened due to the continuous rise of the elites and the fall of the working class. Income inequality is universally known as the divide in acquisition of wealth between the elites of the world and the poorest of the world. As far as developed nations go across the world, the United States holds most of the differences between the rich and the poor. Ray Williams outlines in his paper that “the richest 20 percent of American society [control] about 84 percent of the country’s wealth” which is a huge abundance of wealth to be held by such a small percent of citizens in one country

More about Income Inequality Essay

Get Access