impact throughout the world and society today. The negative aspects of globalization can be seen as inequalities spread throughout the world today. Having the chance to travel to so many countries, I have gotten the experience to see and analyze the wealth inequality in all the different countries from the United States, to the Caribbeans, and parts of Europe. When someone thinks of global inequality, they can think of racial segregations when traveling to different countries and are in the…
in political instability, social capital and legitimacy, increases income inequality and has a tremendous adverse effect on the well-being of the poor (Kéita, 2010). This critical review examines three articles on the issue of corruption and income inequality. Where the Charron, Heston and Kumar articles focus on corruption…
In response to this week’s discussion, readings and film on inequality. The interminable concern of economic inequality is pertinent to concepts of equity, equality of condition and outcome, and equality of opportunity. Based on gender, class status, and most importantly education. Based upon what I learned, economic mobility decreases depending on social factors. I feel these two concepts go hand in hand. Some examples of these factors such as geographical location, attainment to education and…
Negative effects of income inequality Income inequality consists of the differences in the income and wealth distribution (Oxfam, 2014, p2). It is also described as the income gap between the poor and the rich. A few years ago, concerns about growing income inequality decreased mainly from a belief that it is only discriminating. Now the source of apprehension has significantly grown. The dominant concern now is that inequality may have harmful effects on a range of outcomes, such as health,…
topic of income inequality and social mobility. With the struggle of economic and social equivalency between the rich, middle class and the poor being incredibly drastic from one another, there is no surprise that the topic of social inequalities was a sticking point to the president’s discourse. With the U.S. income gap at its highest level since the Great Depression (LATimes) there is no easy solution as to what can be done to fix this problem and it is indeed a problem. Inequality has…
Income inequality is one of the most important issues in today’s society. Economists and social scientists have always been arguing about the repercussions of inequality on nation states. Although for many years inequality was seen only strictly as an economic phenomena, Recently major scholars have been arguing that inequality is a threat to democracy and political representation. Regarding this growing topic, different books have been published in order to increase awareness among the ignorant…
The Worst form of Inequality is to try to make equal things equal” --Aristotle Over the past generation inequality has become a big issue in our society. Whether you are rich or poor, born here or immigrant, high class or middle class, inequality will find its own way to you some how. Here we should stop and ask ourselves why should we care about high and rising inequality? The answer to this question is in these three articles, “Bring on More Immigrant Entrepreneurs “by Shayan Zadeh,…
others, or effectively divided in two. On the basis of the coding, one particular theme that emerged from both interviews is the emphasis on social inequality to crime and criminal justice. I then went back to the data to re-examine whether the codes fit under this theme overall, and consulted new literature to contextualise this theme. The theme of inequality is based on the responses of both participants who have once or repeatedly discussed the topics relating to that…
The Income and Wealth Inequality of America As a capitalist nation, the United State of America is facing a serious problem, which is the inequality of wealth and income. In pace with the growth of the economy, the rich people are getting richer and the poor people are getting poorer. The gap between the rich and poor is widening unprecedentedly fast. Why is that happening? Most of the rich people believe the strategy of trickle down economic. When their corporations earn money, and they can…
Certainly, Inequality is the United States has increased. I think more than the studies, what has been going on in the nation and in the entire planet about how socioeconomic classes have distanced apart is pretty notorious. Paul Krugman, a well-known economist and Nobel prize winner agrees with the high inequality being face mostly in the United States, and he mentioned that one of the main causes is due to the higher inheritance and dynasties that has stored great amount of wealth leading…