Washington State University, Econs 102, Section 2, Christopher Weizhong Liu ID: 11487094 Writing Assignment #1 Why Has Income Inequality Been Rising Since the 1970’s? The propositions that look for the causes of growing inequality in the US either in the dependency culture or in the biased the government policy are entirely inconsistent with the findings of David Autor. However, the statement that Americans are falling behind because of laziness can be viewed as slightly resonant with the article if laziness should be interpreted as unwillingness to enhance one’s skills rather than to work in general. In his article, Autor claims that the major reason for rising inequality in the US is the recent drastic growth of the wage premium related to higher education and…
Also this theory is a form of socialism, in which there is no class division among people of any sort, whether it is economic or social. It is equality all around. The Marxist theory applies well to the story, because it distinguishes different power, social and economic structures due to class division.…
The Marxist view on society is that there is an unequal division of wealth and control in society. In the Marxist view of literature, people are driven by money and power, this makes people corrupt. The Marxist thinkers would study this play intensely. Torvald is considered the wealthy and corrupt character because of his wealthy status. Torvald is offered a promotion at…
Inequality has been going on forever by David Leonhardt, first published in the New York Times on May 4th, 2014, introduces us to the subject of Inequality and how it could be avoidable. Leonhardt wrote this article to a variety of readers, including millenials, social classes, and even the people who want to make a contribution to society. As Leonhardt states, “Inequality then, is less an inevitability than a choice” (Leonhardt, 543). Leonhardt’s argument is despite that inequality seems like it has been going on forever, we have the freedom of choice to change it. It isn’t too late to fix inequality, unless us citizens fight it together.…
Nothing can stop inequality, it’s all about what you are going to do about it. In the past Eurasia had every thing and took whatever they wanted. Their location was extremely beneficial to causing Europe to be in power in the past. Geography is the main factor that cause the world to be so unequal. It made a chain reaction that starts with agriculture, domesticated animals, specialists then to the spreading of diseases.…
Marxist theory offers an analysis on the social class and economic structure that other theories might not look…
If I were to be the owner of a bakery I would address fairness and equity in many different ways, for it is a complex issue. Within my bakery I would first eliminate what Cohen calls “Bourgeois” inequalities. This includes formal and informal social customs like inequalities based on gender, race, etc. Discrimination of this kind will not be tolerated not only between employees but also towards customers. Every customer has an equal chance to purchasing a baked good and products will be distributed on a first come first serve basis at a fair price.…
You have to remember that Marxism was created because of a large class struggle throughout the European continent. The market was dominated by a wealthy class, leaving the working class to suffer. The competition in this market led to low wages and unemployment for many – communism was a solution. The idea of communism is the abolition of private property. It focuses on the group not the individual.…
The big issue under liberalism, which Marxism strongly suggests, is disparity of wealth. The big issue which Marxism strongly suggests that the disparity of wealth. People who are good at making money, they become richer and extremely wealthy. However the other people who are not good at working become poor and poor. This is clearly not fair and it is not what people want society to be.…
During the last thirty decades, The American Dream began to fade as the wealth of the rich began to soar while the wealth of the middle class stagnated as inflation increased. Instead of seeing a rising opportunity today, the American populace are seeing a rising inequality between the affluent and themselves. A major factor for the instability of America’s economic growth is the wealthy putting money in politician’s pockets. The rich are controlling the government to benefit their own agenda, rather than to benefit the ones that are lacking simple rights and services in all parts of the country. Although the fight towards improving the economy has been a long and arduous struggle, it is something that American citizens should and could fight…
Overall Aspect I knew that the issue of income inequality always exists in America, but I never knew that it is so problematic. After reading the essays written by different authors, my feelings is that there is really no solution to solving this issue. If there was, then income inequality would have perished decades ago. In chapter one, Winship focuses on economic growth and income inequality. When he states that “countries with more inequality experience weaker recoveries from recessions” (Winship, 2014, p. 5), I agreed.…
Imagine putting on lenses, in which one can uncover underlying issues; one understands the topic but does not fully comprehend it. While most people in the world understand that there are economic separations between the rich and the poor, the concept that the separation is not just economically but is in fact a range of dimensions such as education, family structure, etc often becomes lost in translation. The Marxist lens discusses this issue; it uncovers that the class divide between the rich and the poor has been around since the beginning of civilization. In fact, Shakespeare, a famous playwright, experienced such class divide which can be read in his tragedy Hamlet. In Hamlet, the class divide is prominent with the oppressive actions Claudius and the readiness of the bourgeoisie to please the royals, showcasing the Marxist theory.…
“Studies have shown that poverty and income inequality, whether at the city, state, or national level, are powerful predictors of homicide and violent crime (Blau and Blau 1986; Hsieh and Pugh, 1993).” There are studies that agree and disagree the poverty is contributed to violent crime behavior. The research study by Bruce P. Kennedy, Ichiro Kawachi, Deborah Prothrow-stith, Kimberly Lochner, and Vanita Gupta, are rating homicide rate and poverty relationship using the Robin Hood index. Robin Hood index measure the income of inequality, by predicting state level variations in homicide rates. The study was use to predict two hypothesis: state level variations in income inequality predict firearm homicide, assault, and robbery rates independent…
Marx's class theory determines what class you belong to depending on your means of production, meaning who owned the assets necessary to produce what people needed in order to survive. The people who owned the most land and factories were considered to be higher up in the social class hierarchy, also known as the first class the bourgeoisie. They would then control all of the elements in society as well as having control over the working class. Then there is the second class known as the proletariat, these were the people of the lower class who worked in the factories or land owned by the bourgeoisie for hourly wages. This shows that using Marx theory is a quick and simple way to determine someone’s rank in society.…
Chapter nine Global Stratification, in our text book Sociology in Our Times by Diana Kendall gives us a deep insight on the perspectives and theory’s that help us to view wealth, poverty, and global inequalities from different sides. Having a global perspective on wealth and poverty allows members of society to think about a situation as it relates to the rest of the world. With this we also look into global inequality through two different theories, the world systems theory and the new international division of labor theory. Wealth can be defined in our society as having a lot money, disposable income, or just being able to live that high level of standards, poverty however is the complete opposite. Poverty is defined as the state of being…