Wage Inequality

Though social problems affect a wide variety of people from all races, classes, and cultures; minorities, specifically African Americans, encounter social problems on a multi-dimensional basis. Poverty, employment rates, discrimination, and other social problems strike African Americans in such a way that it is nearly impossible to separate them; each individual has different background, socially and physically, that would determine in which order his or her social problems need to be solved. Impoverished blacks in the inner city may have difficulty finding or keeping jobs, while others may have jobs, but face troubles with work discrimination that prevent them from moving upward .Underemployment, workplace inequalities, and unbalanced

In Income Inequality: Too Big to Ignore, Robert H. Frank paints a picture to the reader about the struggles of pier pressure. For example: an upper-classmen chooses to buy a big house and fancy clothing. This acts as a “frame of reference” to the changes and norms of the society. If he spends money on something nice, a middle-classmen will then go and decide to do the same thing, and then a lower-classmen…all the way down the social hierarchy. This is what he calls an “expenditure cascade.” Robert relates this with a person’s downfalls, which can be traced due to lower income inequality. Income inequality basically means that in a given quantity, the dispersion of income is underlined by the gap between individuals and or households with

In any given population, there is a difference between what people within the population earn. The uneven distribution of income in any given population is income inequality. In order for there to be income, there has to be several sources of income. These sources of income may be combinational or independent per person receiving the income. Income may result from wages, rent, bank account interests, salaries or even profits made in business transactions ( Stiglitz, 2012).

Inequality is not favorable in society. There is inequality in many aspects of our society, such as race, and gender. The main inequality we look at is income inequality in the United States. The one percent of the population control a vast majority of the United States currency. The Gini coefficient has been increasing ever since the Industrial Revolution, a period where education, manufacturing, and economics has shown growth. However, income inequality has increased in the Industrial Revolution. There are many events, and causes that have led to the rise of income equality in the United States.

For the past 30 years the “gap” in income received by the rich and the lower class has continuously continued to increase, showing no signs of decrease anytime soon. This gap has mostly affected the middle class, which is made up of mostly African Americans and Hispanics, making America less determined to correct such an issue. Given the circumstances African American’s are the focus of this issue due to the fact they make up majority of the middle class. It is known that modern racism exist within today’s society in various ways, one of which happen to be within the economy. For decades the economy has had its downfalls, however, it’s been facing an issue that it has been hiding from the rest of the nation. The gap that everyone speaks has

Poverty and other human needs cannot be addressed without breaking the barriers to opportunities which are based on race. Taking the two challenges together will most likely result into effective solutions. There ought to be development of antidiscrimination enforcement to ensure that people of races have equal access to the welfare programs. Low –wage workers, mostly African Americans, ought to be given the right to organize to help them move out of poverty. This must linked with civil –rights efforts meant to root out racial exclusion which is mainly imbedded in union locals. Comprehensive immigration reforms will offer Latinos and African Americans pathway to accessing welfare benefits.

The U.S. is the land of opportunity, but why will so many not achieve the American Dream? There is no doubt a difference exists between the rich and the poor. The most common words to describe social class are the upper, the middle, and the lower class groups of people . U.S. News (Francis) states 46.2 million people, approximately 15 percent of the U.S. population, currently live below the poverty line (Francis). Unequal income distribution contributes tremendously to poverty by making the rich, richer and keeping the poor, poorer.

The American Dream remains alive and well however due to income inequality it has failed to become a reality for the overwhelming majority. The fact that all politicians today still agree that income inequality is a major problem in the United States, shows that there persists an overwhelming need for better methods than the ones that have been tried in the past. Politicians, in their quest to win elections, emphasize the failure of our economic system to bridge and close the gap between the rich and the poor masses. The implantation, by governments, of various economic theories postulated by the great economic minds

Women and minorities would also benefit from the increase wages, as it will close the gap in wage inequality. According to Economic Policy Institute, “The Raise the Wage Act also would help closes the gender wage gap. Not only would more women than men get a raise under the bill, but because women are especially concentrated in the very lowest-paying jobs, they also would see the largest increases in their pay.” (December 2013, Cooper) As a result, women and minorities would have advantages to an increase wages, as it will make them feel that they are getting fair pay for their work.

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.

Women’s pay has long been a subject in the economic community and to a further extent society. With arguments being presented from both sides, but one thing cannot be disputed there is a gender based wage gap between women and men. Why is there a gap and how can society in the United States change that? First we must examine women in the workforce. Then ask why it happens then figure out how we can put an end to the pay gap.

Did you know that the wage gap is affected by more than just wages? Until the Enlightenment of Europe in the 1400s, women were viewed as less than men. They were not expected to work or be in any leadership positions. Now, the modern feminist movement is gaining momentum in raising the equality of women by increasing access to information about inequalities women face and hosting protests. Despite their success, women still face inequalities, especially in the work force. Women’s lack of access to equal employment opportunities leads to a wage disparity, for which political solutions have been implemented without success.

There are many factors to income inequality in this country, not all of which are connected to racism, but one’s personal choices. The most prevalent factor that contributes to income

In-depth research on inequality highlights the problematic reality that the average American employee has not seen increases in wage benefits from the U.S.'s productivity gains much like top income earners have. Rising inequality in the United States has been noted as the growing divergence between growing productivity and the flattening of average wages since the late 1970s (Citation). The average worker's compensation only grew by 8% from 1979 to 2009 despite an 80% increase in productivity (Sylla). Meanwhile, wages for top percent of income earners have been growing at a disproportionally higher rate than productivity. C.E.O.s from big companies went from earning about twenty times more than their average employee in 1965, to earning about

Income inequality has been a major issue in American history. There are many different factors that contribute to inequality. These include education, wealth, discrimination, ability, and monopoly power.