Inequality Is My Wicked Problem

We live in a society that is very unequal, in a way that people get treated differently depending on their social class, race or gender. Social inequality means the situation in which individual groups in a society do not have equal social status, social class or social circle. Clear boundaries in society are made that prevents

Social inequality is a problematic phenomenon that occurs all around the world and affects both the developed and developing nations. It is defined as “the unequal distribution of social, political and economic resources within a social collective” (van Krieken et al. 2013, p. 205). Inequality is closely connected with social stratification, a system of social hierarchy that positions individuals and groups into categories according to social variables such as class or ethnicity (van Krieken et al. 2013, p. 485). This stratification has a significant impact on the opportunity that an individual may have to move up the hierarchy of inequality (Gill 2017a).

In Paul Krugman’s essay, “Confronting Inequality,” he discusses various points about how America has developed into quite the divided country over the years. The United States of America has become unequal in terms of annual income, living standards, education and school districts, politics, and social standards, just to name a few. Several matters of combatting the injustice faced by the nation are also mentioned. All of Krugman’s points revolve around one central question, being “why should we care about high and rising inequality?” (Graff, Birkenstein, Durst 561). I believe inequality truly does raise concerning problems within our society, but it also may be a positive thing for our people. Extreme equality could, in turn, result in a communistic government in which those who work into overdrive earn the same titles as those who do not.

Societies and their governments have developed different policy approaches to addressing domestic inequality. Compare and contrast two different countries and evaluate the effectiveness of their key policy measures in addressing inequality.

Living in a society that does not help its people to live comfortably and provide facilities for them to achieve their demands, is harmful. One of these harmful affections is “social inequality” in each diverse society. Social inequality occurs when resources in each society are distributed unevenly, typically through norms of allocation, that engender specific patterns along lines of socially defined categories of persons. The United States contains one of the most common social inequalities for its population and that is “social stratification and mobility” and the government should strictly investigate this social inequality for people who are living in the United States.

From 1938-1969, in America was in a period called the great compression, a time where the difference between the richest and poorest Americans was very small and economic growth was explosive. Due to past and current economic policies and events, income inequality has exploded in America, which is why in 2015 America had the highest level of wealth inequality in the world at 80.56 gini[1] . In the future this inequality will slow down economic growth, increase debt for middle income Americans, make America less democratic, and reduce economic mobility. This problem, however, does have solutions and this paper will lay out some of the solutions and the effect they will have on the economy, but first I will explain the history of income inequality in the US.

The land of freedom, the United States, is the Promised Land for all. Its citizen can be much as prosperous as they want. Nonetheless, a phenomenon has occurred gradually that has changed the economy, social levels, income, and wealth of all Americans. This is called inequality. Inequality has become a social problem since people has not raised their voice take advantage of voting, large corporations as CEOs who take instead of give.

Wealth inequality in the United States has grown tremendously since 1970. The United States continuously reveals higher rates of inequality as a result of perpetual support for free market capitalism. The high rates of wealth inequality cause the growing financial crisis to persist, lower socio-economic mobility, increase national poverty, and have adverse effects on health and well being.

Inequality, it is all around us, in our jobs, at our children schools, in our neighborhoods, and no matter how hard we might try to escape it, there if no escape. We used to think that inequality was a thing of the past, but it is still very prevalent in today’s society. Many think “well inequality does not affect me personally, so why should I care?” While it may not affect you personally, it probably affects someone close to you. Throughout his book Toxic Inequality, Thomas Shapiro demonstrates just how surrounded the population is by inequalities with stories about families who are not only financially divided, but racially. These inequalities are rooted so deeply in our society that it can be easy to overlook the problem and ignore it, but as Shapiro demonstrates we can no longer overlook the problem, we need to face it head on it we have any hope of trying to fix it for future generations.

Social inequality exists in the United States through the Elite’s power to maintain their dominance in the United States capitalist system. The Elite Ruling class is made of the upper class and this class of individuals share similar ideology and are the members of the United State’s Superstructure. The Elite Ruling Class members of society are the decision and policy makers in the United States. Research and history has proven that many policies and decisions made by the Elite Ruling Class serve their own interest and promote their ideas. These decisions are the source of the inequality in the United States and it contributes to their ability to maintain their dominant status. The inequality is trickled down to the other classes through social policy and social institutions that affect our lives everyday citizens. A major example of this social inequality can be seen in the United States housing market or home ownership. A significant amount of studies, statics and data supports the evidence of social inequality within the US housing market or home ownership. The following passages will discuss social inequality in the United States as it is connected to Karl Marx’s theory of capitalism’s power and influence of the Elite Dominant i.e. the Ruling Class view as it relates to homeownership within the United States. Karl Marx’s theory however focuses mostly on economic s and the difference between upper and lower class not race. It is also important to point out that the Elite

Income inequality has been a rising problem in the United States for the past few decades. One of the main issues surrounding this years is election, especially for the Democratic candidates is income inequality and how to address it. Public opinion on income inequality and the government’s role in changing it can easily shape how the election turns out this year which can make great differences to the lives of American’s for years to come.

Capitalism has been the central force behind the growth of the United States’ progressive economy. Within such advanced economic system the chances of economic disparity are significantly high. In fact, over the past three decades there has being a steady increase in unequal wealth distribution among the economic classes. To sustain the current unequal wealth distribution among the classes of the American population, there are numerous factors that influence and shape this trend. For some members of the population it is alarmingly disturbing to know that recent statistics have shown that, “In the US [alone] the wealthiest 1% of its population owns more than the bottom 95 %” (Gutman). As for the difference in economic wealth, it resulted

“1]. How does social inequality impact people of different nationalities [ethnicities & races], classes, and genders in society.”

A major social problem in America today is its inequality of the distribution of income. "Income inequality refers to the gap between the rich and the poor. The United States has the most unequal income distribution in the industrialized world, and it is growing at a faster rate than any other industrialized country" (Eitzen & Leedham, pg. 37). The main reason as to why income is distributed so unequally is because of the gap between social classes.

Extractive and Inclusive institution was the major theme of this book and analyzing why inequality is still so apparent in most of the world.