Robert Reich On Social Inequality

Throughout Robert Reich article Why the Rich Are Getting Richer and the Poor, Poorer, discusses about the growing gap between the upper and lower class in modern society. Reich’s article is certainly an eye opener regarding unemployment, and how it is currently surfacing from the shortage of technology and education. Through the text Reich uses a firm metaphor to describe how the economy is like a boat that constantly moves up and down the current portraying the upper class and working class. This boat however is extremely important because it is a boat we are all currently in and one is sinking faster than the other and that one is rising; here Reich is distinguishing the different types of social classes. However, the rich are yet getting

In the “Gospel of wealth”, Andrew Carnegie argues that it is the duty of the wealthy entrepreneur who has amassed a great fortune during their lifetime, to give back to those less fortunate. Greed and selfishness may force some readers to see these arguments as preposterous; however, greed is a key ingredient in successful competition. It forces competitors to perform at a higher level than their peers in hopes of obtaining more money and individual wealth. A capitalist society that allows this wealth to accumulate in the hands of the few might be beneficial to the human race because it could promote competition between companies; it might ensure health care for everyone no matter their social standing, and parks and recreation could

I agree with Davis-Moore 's thesis that social inequality is beneficial to society. Without social inequality everyone would be equal, earning the same amount of money and working at the same jobs. One of the major benefits of social inequality is that individuals have different occupations that differ in their importance in society. While there are some jobs anyone could do, like working at Taco Bell. Other jobs require a lot of skill, patience, and knowledge, like

In a capitalistic economy, driven by materialism and greed it's easy to see how competition can be steep, and even overwhelming. Many aspiring for the American dream find themselves in the above position, often times succeeding without advancement, for fear the competition is too steep, and the resources too little. Although entrepreneurship has become a booming industry in America, and all capitalistic governments, it seems that corporations, or large business has all the advantages, often times running smaller companies into the ground, buying them out, or offering prices, or deals that can't be competed against. People see the American dream as just in front of their reach is situations like this, when in actuality they are separated by miles of competition that is far too steep, or unfair. Materials are sometimes presented to those who wish to attempt competition, but most times it is unfortunately unfair. Situations like this also promote each party to do whatever it takes to succeed, even if that may be immoral, or inappropriate. The competition sometimes gets too intense for the average person, especially without the proper utensils to cope with such

Income Inequality in America is a problem that’s been going on for decades, and many feel that it hardly exists, the many people that feel that way are highly uneducated, and seem to not really care about this tremendous problem that in one’s eyes really has no end in the near future, in fact it has been gradually rising and one feels that it’s just not fair. Unfortunately, there’s not much that can be done, only of course if the poor class of people decide to actually educate themselves and get a higher education. One says poor class, simply because that’s how they’re classified. There are five types of levels that Americans are classified as, and they are: 1. Upper Class, 2. Upper Middle Class, 3. Middle Class, 4. Working Class, 5. Poor.

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.

In today’s capitalist economy, where economic transactions and business in general is centered on self-interest, there is a natural tendency for some people to make more than others. That is the basis for the “American Dream,” where people, if they worked hard, could make money proportional to their effort. However, what happens when this natural occurrence grows disproportional in its allocation of wealth within a society? The resulting issue becomes income inequality. Where a small portion of the population, own the majority of the wealth and the majority of the population own only a fraction of what the rich own. This prominent issue has always been the subject of social tension

In a research of Harvard professor 5000 people in America have opinion in how they think about the actual distribution of wealth in the U.S. and the 92 percent choose the ideal would be 20 percent and 20 percent the middle class. However, the reality is very far from it. “The poorest are not even registered, they are on the package change and the middle class is barely distinguished from the poor, even the rich between the 10 % and 20 % are worst off, only the top 10 % are better off. Only the one percent gets ten time higher and 40 % all the nation wealth. The bottom 80 % 8 out 10 people only has 7 % between them.1 % makes a quarter of the national income today”(you tube, 2015). All of this data reflex one of the truly perspectives in economy of the U.S. Not only people with low wages are the most affected, but also those who have good jobs and

There is no doubt that wealth inequality in America has been escalating quickly; the portion of total income earned by the top one percent has doubled since the beginning of the 1970’s. The wealthy are the main beneficiaries

In “inequality for all”, a documentary presented and narrated by Robert Reich, Reich discusses what is happening in terms of the distribution of income and wealth in the US, why it is happening, and is it a problem. “Inequality for all” is directed by Jacob Kornbluth, it premiered in 2013, and it runs for 90 minutes. Reich studied at the University of Oxford in during the late 1960’s, where he befriended future president Bill Clinton. Subsequently, they kept in touch, and in 1993, when Clinton was elected president, he reached out to Reich, to be secretary of labor. Reich was in office for the following four years, and today he is a professor at the University of California, Berkeley. For about three decades now, Reich announced that out of all developed countries, the US has the most unequal distribution of wealth, and that inequality is getting even greater in the US. In the documentary, the most compelling topics covered by Reich, are the changes that started happening in the late 1970’s, the fact that 42 percent of Americans born into poverty stay poor, and that nowadays, money controls politics.

On top of it all the rich seem to get richer, spending their money on bigger houses, better cars, always trying to out do each other while the middle class continues to struggle. Paul Krugman describes this very well by saying,

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

One of the social issues concerning power, status, and class in American society today is income inequality. The income gap between the social classes has increased drastically throughout the last few decades, creating a significant gap between the wealthy and the poor. This gap has become so large that the middle class has nearly diminished, creating a social class comprised of the rich and the poor. The significant gap between the two social classes is unhealthy for the economy because it provides too much power in the hands of those with high social status.

In the article “Of the 1%, by the 1%, for the 1%” Joseph Stiglitz, a noble prize winning economist, argues that the upper 1% controls about 40% of all wealth in America. This top 1% has taken about a quarter of all income in America, and has seen their income rise about 18% in the past decade. This has made the inequality between classes in the US expand. Eventually, this inequality gap will even hurt the top 1%, because the other 99% will either fight for a bigger piece or just stop working all together. The top 1% can buy anything they need, but their fate realizes on the other 99% to work hard and not fight back. If the 99% stopped working, there would be a simple way to gain back money… that would be to raise taxes on the rich. However, the rich get rich by capital gains, which have a low tax policy. So overall, the upper percent can eventually learn, but a majority of the time it is too little too late.

Social inequality is defined as the unequal distribution of social and economical resources. There are unequal opportunities and rewards for different social positions and statuses within a group or society. Because there is social inequality, people have less life chances meaning less educational and occupational opportunities, which prevents movement on the social ladder. This gives authority to the rich because the rich own the means of production, giving capitalists the power to exercise it by exploiting the poor working class. An individual interest and not that of a community drive the rich. Such differences degrade and stigmatize the social class with less money and opportunities causing social stratification.