Summary Of Inequality For All

Decent Essays
Equality: a word full of hope, freedom and opportunity. A perfect example; the United States of America. However, the documentary “Inequality for All” points out a crucial economic difference between the middle and high class that could say otherwise. In 1929, the stock market crashed leaving the country in a dark period of time known as The Great Depression. After recovering from this severe economic decline, the country began to thrive as a whole and the gap between both economic classes was significantly reduced than what is seen now. The reason behind this is due to the middle class. They are the reason behind a growing economy. However, recent observations state that there has also been an extreme gap between the productivity and wages.

Related Documents

  • Improved Essays

    In “35 Soul-Crushing Facts about American Income Inequality”, the author, Larry Schwartz, makes it clear that the ever-increasing income and tax cuts the wealthiest Americans receive, as well as the decline in labor unions, results in the rest of the nation’s citizens to fare worse economically than those of previous generations. The writer shows that economic inequality, the difference between incomes across a population, has currently reached peak levels unprecedented since the Roaring Twenties, the period right before the Great Depression. Schwartz does an excellent job of supporting his claims by providing a vast amount of statistical evidence and historical background, which shows how dire the current situation of economic inequality is in the U.S.A. Despite the fact that the middle class has been taxed at an equal rate…

    • 767 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    An article by Neil Gilbert called The Inequality Hype talks about the inequality that we face today. It provides statistics by talking about a survey where seventy-six percent of the public believe that the rich are getting richer while the poor are getting poorer. About the same percentage was calculated in 1987 which means that for the last thirty years about three-fourths of the population believe that the two classes are separating from each other even more. I believe that this is true because in today’s society there is a huge division between those two classes and the middle classes is either staying the same or changing into the lower class because they cannot afford to pay taxes since the middle class is the class that pays more. For…

    • 224 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    The Dangerous Consequences of Growing Inequality by Chuck Collins argues that the burgeoning gap between the upper and lower classes has strenuous personal and economic ramifications. He summarizes the pressures facing households and the economic inequalities that undermine the security of families, threaten our democratic institutions and economy, deteriorate our public health as well as breaking down our social cohesion. The ever so important middle class has been vanishing right before our eyes, there is a strain on relationships between ourselves and our neighbors, families and co-workers which prevents our society from uniting and striving for greatness. As a greedy and power hungry society we completely forgot what is most important, our fellow citizens and their well-being. Collins’ essay is an effective argument for social justice because he shows that even though our economy has thrived throughout the decades those profits have not trickled down to the working class…

    • 1125 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    In “The Upside of Income Inequality” Gary Becker and Kevin M. Murphy shed light on wealth gap, the reason behind it and the lesser thought perks it has. Throughout the article, the writers claim that it should be noted that inequality accord with being appreciative towards the return on investments made in human capital i.e. it rewards those who educate themselves more and are more adept and so is a positive catalyst toward the wage gap. According to me, the writers came across quite biased and ignorant. Though they did make some valid points regarding education and wage gap. It seemed as if they were quite determined to prove that education was the only reason behind the issue and disregarded important issues like unemployment, inherited wealth…

    • 1050 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Foroohar references Joseph Stiglitz, the Columbia professor and former economic advisor to Bill Clinton when she shows how both “Republican and Democratic administrations have been at fault in crafting not only policies that forward inequality, but also a narrative that tells us that we can’t do anything about it” (Foroohar). This idea further supports the belief that the government must be challenged in order to create new laws and rules to structure our economy so that it is more balanced. Stiglitz emphasizes this idea when he explains how “it’s about the choices we make with the rules we create to structure our economy” (Foroohar). One of the reasons that the United States has not put forth effort in order to change the inevitable outcome of the lower classes, is the fact that they do not actually know how wealthy the upper class is. If the lower class was aware of the economic gap between classes there would be “riots in the streets” (Fitz).…

    • 722 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    For many years, many Americans “considered the prospect of growing income inequality to be unacceptably undemocratic.” (Noah, 18). Income inequality is at its highest level since before the Great Depression and it is a situation that divides Americans. The best way to promote equal justice in American and the best way to maintain strong economic growth is to have…

    • 304 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    Our society runs rampant with all kinds of inequality. Racism, sexism, and xenophobia are just a few of the problems that plague our world. These problems all have the potential to hurt people socially and emotionally. However, there’s another type of inequality whose impacts go beyond social and emotional harms. Income inequality hurts people psychologically and economically, and its implications span a global scale.…

    • 1431 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Temporary Inequality

    • 500 Words
    • 2 Pages

    Throughout history and most of our lives, people often exposed to inequality. Despite the hardships inequality cast onto people, inequality does not always last. Two types of inequality exists; temporary and permanent inequality. Both are forms of inequality but in the case of temporary inequality, inequality is ended when everyone is at equal levels. Despite this ideal of inequality, permanent inequality is the most common and suppresses different races, socials groups, and etc.…

    • 500 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    Every country around the world has economic inequality within it. The income inequality encountered in the United States in ranked sixty four in the world. The economic inequality divided in the United States has a major impact on three factors: social class, education and power amongst the citizens. The economic inequality seen in “Parable of the Sower” by Octavia Butler reflects on how separation between poor, middle and rich class lead to a dystopian future. “Inequality for all” examines how economic inequality can impact social classes such as upper, middle and lower class.…

    • 1759 Words
    • 7 Pages
    Great Essays
  • Superior Essays

    The economy is continuing to grow and productivity is growing too. In 1950 the wages keeps growing but in the late 1970s the wage began to flatten. Now what is making that gap to widen? In the 1970s technology played that biggest part and the wage for the middle class declines. The unions are declining and knowing that, they said that the decline is due to Ronald Regan who took on the air traffic controllers.…

    • 1032 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    In Paul Krugman's essay "Confronting Inequality," published in his 2007 book "The Conscience of a Liberal. ," I personally believe this article could have the potential for a wide audience. Inequality is something a majority of Americans deal with whether they realize it or not. Krugman discusses the many ways America had fallen into distinct gaps of inequality. He presents a highly logical argument in which he reveals why, and how, America has gotten to different points of inequality whether it be due to gender, education, or race.…

    • 264 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    According to the Census Bureau in 2010, “there were 42 million poor people in the United States,” and a large portion of those who reside in the middle class are approaching the poverty line, thus, augmenting the amount of people who live in the lower class. As a result, income inequality has become a paramount topic in recent times, especially in the 2016 election. In addition to politicians and other government members discussing this gargantuan issue, professors, journalists, and others have written income inequality, and provided ways to fix the issue. The authors Robert B. Reich, Gregory Mantsios, Alan Ajas, Daniel Bustillo, William Darity Jr., and Darrick Hamilton are experts within the field of economics and labor; however, all of these…

    • 1579 Words
    • 7 Pages
    Superior Essays
  • Superior Essays

    In a capitalistic based economy such as the United States, it creates incomes that are small and large. Having an unequal amount of large or low incomes is called income inequality. Income inequality has become a major problem in the United States, increasing 24% from 1968 to 2012” (Cochran). The gap between the rich and the poor is growing at an ever increasing rate. In the United States the gap is measured by relative poverty, or “being below one-half the nations income” (Cochran).…

    • 1676 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Economic inequality is greater than at any time since the 1920s. One out of every 5 children in the U.S. lives in poverty (21%) compared with approximately 4% of Sweden (Staff, 2008).…

    • 1037 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Effective Messaging The documentary Inequality for All focuses on what happens to an economy when income inequality rates begin to sore sky high. Narrated by Robert Reich, he talks about how America came to be a nation of massive income inequality, the consequences of it and how to solve it. One of the most impressive things the film does, is a take a topic people study for years and turn it into an easily understandable 90-minute film. The documentary Inequality for All effectively got its message across through, accurate statistics, memorable visual aids, and real-life stores and firsthand accounts.…

    • 1187 Words
    • 5 Pages
    Improved Essays