Racial Progression And Economic Inequality

Inequality exists around us. One of the inequalities is the income received by a person or member of a family. This income includes wages, salaries, pensions, and interest derived from assets. Income inequality refers to the various income within a given population. This inequality is especially high in the United States.

There are two types of inequality and. The first type is temporary inequality and the second type is permanent inequality and both of them contains different goals. I would first talk about the temporary inequality and then Permanent inequality. My first thought about temporary inequality is the relationships between two people and the relationships are just for temporary. However, after reading the materials in the book, I realized that my thoughts were way off, there is actually an abundance of meanings and information that are beyond my thoughts. For example, according to the Race, Class, And Gender In The United States textbook, it shows that “temporary inequality is between parents and children, teacher and student, or therapists and clients”

In Thomas Shapiro’s “The Hidden Cost of Being African American”, Shapiro goes in depth on how wealth in America is disproportionately dispersed between different nationalities. Mainly between Caucasians and African Americans. Shapiro has helped paint the image of wealth inequality and has shown how this is even more staggering than the wage gap between African Americans and Caucasians. Some of the theories he indirectly uses in his book and that I will be exemplifying are generational wealth and support systems, education, and the idea of how poverty only begets more poverty.

“The United States income inequality has risen drastically since the 1970’s and has not been this high since 1928.” Economic inequality is the unequal differences in how assets, wealth, and income are dispersed among the people and different populations throughout the United States. It is often described as the gap between the rich and the poor.

Racial discrimination is the main and ongoing problem in the social life of Americans. When we look at the gap of incomes between White and African Americans, we can see the inequality between these two groups. In general, whites have more annual earnings than their black counterparts in America. Lori Ann Campbell and Robert L. Kaufman emphasized that the wealth determinants, which are the indicators of socio-economic status, have effected more on Whites than Blacks. And even when society is organized, there is still some disparities on account of race and ethnicity. (Campbell and Kaufman, 2006). And income disparities between African and White Americans have definitely effected the peace of the social life. According to Campell and

Since America’s beginning, race based barriers have mired the fulfillment of our shared principles and many of these barriers still persist today. The institutionalized inequalities are detrimental on an individual basis as well a societal basis. Racism does not only affect the individuals that are being oppressed but also how society functions as a whole. Racial inequalities have manifested in American society in ways that underlies a wide range of societal domains such as housing patterns, educational opportunities, healthcare inequality, and incarceration rates. Current events and experiences demonstrate moreover that racial inequality is still adamant in the American culture. Long after slavery, the Jim Crow Era, and the civil rights movement, racial inequality has taken distinctive forms which affect many people within a racially oppressed group. Racial segregation at large is embedded within a structural matrix that not only permeates in the American culture but in our private and public institutions. Disparities in the criminal justice system and housing patterns remain a key barrier to racial equality in America. In order to eradicate racial inequality, there needs to be policy solutions that place fundamental changes to a system with profound historical origins, one that structurally disadvantages minority groups.

The barriers that separate men have existed for centuries. Race, class, status, these are all ideas that have created a divide among humans. This divide creates competition and tension. Throughout the history of the legal system, justice has been used to validate slavery and other forms of racial inequality. Our system now has changed, but the basic concept has remained the same. According to one study, the judicial system was invented by whites to protect whites and keep people of color at bay (Constitutional Rights Foundation, 2017, p1). This idea of preserving a one superior racial system resulted in a bias still existent today.

This article titled "How income inequality hurts America” written by Steve Hargreaves explains the thesis statement itself. On the other hand, he states it’s not just income equality but it’s also lifespan inequality, education inequality, and declining economic growth, which refers to the graphs shown above the starting paragraph. Mr. Hargreaves then points out a fact that the rich are getting richer, while the poor and the middle class are falling behind. Another fact concerning this issue is the 400 richest people outnumber the wealth of the bottom 150 million put together.

What is Income Inequality? Well “Income Inequality is the unequal distribution” of family or individual wage over the different individuals in an economy. Income inequality is often showen up “as the percentage of income to a percentage of population” (Staff.) Income inequality creates and impacts the U.S. in different aspects, whether it is distinguished by “region, gender, education and social status” (Staff), as well as there are certain causes and potential solutions to resolve the problems that Income Inequality creates.

Economically, there is a deep seeded gap between African Americans and Caucasians in modern era. Michael Genovese argues that “in the United States, corruption and reform more often exact their costs in the form of reduced competition in both politics and the economy” (14). It is about reducing competition, or ,in other words, reducing the amount of economic opportunity to grow one’s wealth. Through slavery and segregation, the African American community had no ability to grow as they were not only physically but economically as well. This idea of corruption reducing competition can be seen in the economic gap that is shown between African Americans and Caucasians.Taking a look at this statistic that was found in “The Racial Wealth Gap” a Forbes article by Laura Shin, “the median white household had $111,146 in wealth holdings in 2011, compared to $7,113 for the median black household and $8,348 for the median Latino household”. Oppression of African Americans can not be the sole reason for this disparaging difference, but perceptions of African Americans can definitely be a factor to not allow the same opportunities as others, reducing the likelihood gaining individual wealth. Through these statistics, the oppression of the past is highly likely to be a key factor in the maltreatment and disproportionate distribution of wealth in regards to African Americans. The attitudes that have been pasted

Economic Inequality is the thing that makes the United States the Land of Opportunity to many immigrants. Many Immigrants relocate themselves and/or families for the purpose of experiencing “The American Dream”. The American Dream is the dream of Democracy, Equality and a better opportunity through hard work and dedication. Without the American Dream, there wouldn’t be any inventors or hard workers. If everyone in America was paid the same no matter what occupation, they had, the United States would’ve been a Socialist country. In order to avoid being a Socialist country, America turned to Economic Inequality. The United States accepted Economic Inequality because of the belief that capitalism can’t work without it. Economic Inequality creates the gap that separates the Rich from the poor based off of the wages one gets from their occupation. As Economic Inequality helped the United

Even though black people have descendants who suffered much more inequality issues than they have faced nowadays, they still have to deal with this historical problem in different ways. The wealth gap between whites and blacks is huge, “every extra dollar of income earned by whites generates $5.19 in new wealth over 25 years while another dollar of income for a black family adds a mere 69 cents to its bottom line (Starkman)”. These numbers show us that we still live in a segregated

Racial segregation is a distinct social challenge that stem from both overall inequality and the racial wage gap. Because wealth is “the sum total of a person’s assets … [that is] built up over a lifetime and passed on to the next generation through inheritances,” wealth inequality and the racial wealth gap exists from the past. It was not until 1984 that the United Stated began to statistically record wealth inequality, however, the wealth inequality between freed black slaves and white men started to grow towards the end of the Civil War. Because slaves were, by law, forbidden to own any land, they did not have any properties in their names. Even after the Civil War, former slaves were removed from land to land whenever a new order was set.

In this class we have talked a lot about how certain racial and ethnic inequalities and how they are not equal to that of the white population, these include, African Americans, Hispanic, and some other ethnic groups. On average an “African American family makes a median income of about $35,000 compared to that of whites at $55,000”, African Americans are unemployed more often then whites too. (Etizen, 198, 201). These disparities cause many problems and one is for African Americans to not be able to have a decent job, (or any job for that matter), access to healthcare and many other tangible items that whites have. I looked at this specific topic in a conflict perspective because, its is the high power elite that keep racial disparities going

Studies show that police are more likely to pull over and frisk blacks or Latinos than whites. In New York City, 80% of the stops made were blacks and Latinos, and 85% of those people were frisked, compared to a mere 8% of white people stopped (11 Facts about Racial Discrimination). America is known as the land of opportunity. Immigrants and people come from far and wide seeking success and achieving their dream in this land. There is a reason for that and throughout history this reason hasn’t changed. America is a melting pot. The most diverse country in the world. We have Asians, African Americans, Chinese, Indians and much more all living together as one. You go into any big business, law firm or