Poverty Inequality And The Working Class

Poverty is a multifaceted issue, it is dependent on many factors and the ‘one size fits all’ approach does not work. Out of all the possible explanations as to why people are still living in poverty in the U.S., the structural view of poverty covers the most bases. The structural view of poverty explains that poverty can only ‘be understood and explained only with reference to political and economic characteristics of the society’ (Kerbo, p.266). With this in mind, this theory considers the position of the poor in the occupational structure. Since the poor have jobs that require low skill, which means anyone can learn how to do them, there is much more competition for such jobs. Those with jobs that require greater skills, such as doctors,

The view that the rich get richer and the poor get poorer has been heard repeatedly in reference to America’s income inequality. Though ironic, it comes as no surprise that America, a continent that easily trumps other countries in terms of wealth would be affected by the issue of poverty at such high levels. While much has said regarding the poverty levels, many economists, educators and scholars feel that the income inequality in America may be the reason why it is difficult to live and maintain a middle class lifestyle or to rise out of poverty into the middle class in the current economic state. With this in mind, the only way America, has a chance of lessening or eliminating poverty altogether is by understanding how it exists.

Increased income inequality is shown to increase the poverty rate. This is shown as more income moves apart from lower income brackets to upper income brackets. The Economic Policy Institute estimated that increased income inequality has increased 5.5 percent in from the year 1979 to 2007. This increase in poverty is reflected directly from income inequality as the bottom laborers in a business are working harder and gaining less, as the top workers, the CEO’s, and other executives are spending less time working, and more time counting their money. Income deprivation has been the largest driver of change in poverty rate, much above other factors such as economic growth, education, and race.

“Poverty is the worst form of violence.” Mahatma Gandhi’s words still ring true in today’s society. Poverty is nothing to sweep under the rug or put on the back burner. While many statistics state that poverty is decreasing, other sources state the opposite. Poverty is a hot topic in the U.S., foreign countries, and speaks true about many genders, ethnic groups, and children.

Poverty is an issue that has affected society since civilization was first created. Even with a globalized economy and economic opportunity prevalent nearly everywhere, there is still a vast majority of people who live in financial strain. According to recent information obtained by the World Bank, “10.7% of the world’s population live on less than US $1.90 a day”(World Bank 2013). In the United States considered the wealthiest nation on Earth, the poverty rate is 12.7% which is 40.6 million people(US Census Bureau 2016). Though some people are in poverty because of their own choices, poverty is a result of structural institutional practices in place.

Poverty is a big problem in the United States. According to Charles Zastrow, “in 2012 over forty-six million people, about fifteen percent of our population was living below the poverty line” (p. 117). In other words, there were a great amount of people living below the poverty line the poverty line. The poverty line is the minimum level of income needed for secured needs of life according to the government. Poverty causes malnutrition, homelessness, School dropout’s drug abuse, and much more.

“What is poverty? Poverty is hunger. Poverty is lack of shelter. Poverty is being sick and not being able to see a doctor. Poverty is not having access to school and not knowing how to read. Poverty is not having a job, is fear for the future, living one day at a time. Poverty is losing a child to illness brought about by unclean water. Poverty is powerlessness, lack of representation and freedom” (The World Bank, 2009).

Currently more than 46 million people are impoverished. Poverty exists because the economic system is organized in ways that make the wealth, wealthier at one end and creates conditions that make poverty inevitable at the other. The economic system creates poverty in other ways such as the drive for profit. The economy will set value higher for competition. Competition motivates companies and management to gain control on cost. It makes it a common choice to move jobs from countries to countries where labor is cheaper and workers are neutral about working in poor conditions. Decision making also has terrible effects on millions and millions of people, families and communities. Having a full time job cannot guarantee of a decent income, which is why so many families depend on the two or more earnings from jobs or other adults just to make a living. Battling between work and families also brings a dilemma to families and decision making. For instance, divorce is increasing resulting in large numbers of single parent with families who have a hard time depending on themselves for taking care of their child or children and a living income. “A separate issue that contagiously attempts to measure trends in poverty and income levels more generally is difficult of measuring changes in the cost of living (Feldstein,

From the Roman Empire to modern day America one issue has plighted all of history: income inequality. Income inequality is when there is a noticeable and evident gap in which income is distributed unevenly between the rich and the poor. We can particularly see income inequality playing a major role in the foundations of the French Revolution and we can see income inequality starting to transcend into becoming a real problem for America today, namely due to a practice of neoliberalism in the American economy. The solution to fixing the American economy would be to start a process of regulation of the economy and funding of social programs.

Income inequality has been a major concern around the world, and it mainly links to how economic metrics are distributed among individuals in a country. Economists generally categorise these metrics in wealth, income and consumption. Wilkinson and Picket (2009) showed in their studies that inequality has drawbacks that lead to social problems. This is because income inequality and wealth concentration can hinder or delay long term growth. In 2011, International Monetary Fund economists showed that less income inequality increased the duration of countries’ economic growth spells more than free trade, low government corruption, foreign investment or low foreign debt (Berg and Ostry, 2011).

Poverty is a global issue that has been at the forefront of economic debate for over a century. Left wing politicians and anti-poverty organisations around the world still adamantly fight for a more equal economic split, pointing towards research showing the disadvantages poverty creates for those living in it. This research has grown rapidly since the 1970’s and many different factors have been targeted in the attempt to examine the

When refer to define poverty, the difference between the traditional unidimensional approach and contemporary multidimensional approach for the measurement of poverty should be considered. While only one variable is submitted in terms of the traditional approach, for example, consumption or income, multidimensional approach, for example, Sen’s capability theory, expands the amount of dimensions alongside which poverty is determined. The multifaceted reality of poverty, conversely, makes it tricky to confine the essence of this experience by means of a single uni- or multidimensional approaches for measurement (Fusco, 2003).

Many describe poverty as an economic deprivation, or lack of income. However, this alone does not incorporate the different social, cultural and political aspects of this unfortunate reality. Poverty is not only a deprivation of economic or material resources but a violation of human dignity. The general scarcity, lack, or the state of one without a specific amount of material possessions or money. It is a versatile concept that may be defined as either absolute or relative. Time and again, poverty is a call to action, for the poor and the wealthy alike, it is a call to change the world so that many more may have enough to eat, adequate shelter, access to education and health, protection from violence, and a voice in what happens in their communities.

Poverty is a massive issue today, it surrounds all of life’s experiences, and it impacts on the future for people everywhere, and on health everywhere in society. Poverty is not just related to unemployment or

This paper will discuss poverty, the different types of poverty and their definitions and who is affected by each type of poverty. It will look at the some of the major reasons why poverty exists and what causes poverty, like such things as inequality, stratification and international debt. Some of the impacts of poverty will also be analyzed from a national and global perspective; things like education, literacy rate, and crime. This paper will demonstrate that poverty affects almost everyone in some form or another and exists because those with power and wealth want and need poverty to exist to force a dependence on the wealthy. A few of the main