The rich get richer and the poor get poorer

annually.” One out of every three children have to fight ad work endlessly to get out of poverty but there are many factors that society offers that can keep them in poverty for the rest of their life. To get a good paying job in our society now you need a college degree. If I am a child in a family making $30,000 a year, which puts me in the bottom 30%, I would need to take out loans to put me through college. Once I graduate and get a job I am already in a tremendous amount of debt due to the…

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,…

Capitalism is pushed by the rich and well off, it is looked down upon by the poor and unlucky. Socialism on the other hand attracts to the people who are poorer or in bad situations, but it does not appeal to the rich who want to stay rich. The both are a key part to the organization of society and have many pros along with their cons. Despite the fact Capitalism is looked highly on, in today's society Socialism is demanded on, by a larger group. Socialism attracts to the poor unlucky, people…

The American Dream is a term that is known across the globe—work hard, and if you do, you will find yourself rich. Popular classical American films such as The Lone Ranger feature a man who goes out on his own and needs no one else. But perhaps solitude is not the solution to success. In his book The European Dream Jeremy Rifkin explores with readers that the American Dream may not be as fantastic as it has been made out to be. Many people in recent years have found themselves stuck in debt and…

this world presents a lot of obstacles for the people who come from this environment because they are usually poor. In fact, everything bad that happens in our society is associated with these people just for the fact that they do not live up to certain standards. The what so called high class people would not associate themselves with these types of people because they are usually poorer than them. They brainwash their kids everyday telling them that these people are beneath them. Therefore,…

“What the political scientist Michael Harrington wrote back in 1962 is still true: most people who are poor are poor because “they made the mistake of being born to the wrong parents.” The middle class isn’t all that mobile, either: only twenty per cent of people born into the middle quintile ever make it into the top one. And although we think of U.S. society as archetypally open, mobility here is lower than in most European countries.” (“The Mobility Myth,” James Surowiecki) The general…

nonexistent. As the years have gone by, the level of income inequality has increased and so has the poverty. There is no equality for those who make up most of the middle class. Not only that, but the distribution of wealth today making the rich, richer and the poor, poorer. That’s where justice isn’t justice anymore when money is the subject. “While the wealthiest 400 Americans have the same combined wealth as the poorest half-over 150 million people” (Lansely, 2013). While, the statistics…

believed that law is determined by the economy, and social inequality. Durkheim believed that law is more of a social phenomenon, and was shaped by what society deemed worth enforcing. I have to say, that both can be true in their own form, as the rich seem to be nearly invincible and untouchable in our country, which can be backed up by Marx’s theory of social inequality. But when it comes to everyday people like myself and my peers, Durkheim's theory is more applicable. I think, in their own…

According to Stigliz the global financial system is not working well. It is especially not working well for the developing countries; money is flowing uphill from the poor to the rich. The richest country in the world, the United States cannot live within its means. They have been known to burrow 2 billion a day from poorer countries. Much of the money that is burrowed from the developing countries to the developed world is used to pay enormous debts. Stigliz believes that the problems of the…

those who were poor were poor because they did not work hard enough, and it subjected the exploited working class to the natural selection laws of nature. By alluding to Social Darwinism, Hughes is blaming the ideology for the disparity between the classes, and calling attention to this class system that was reinforced by industrialization. During industrialization, the economic difference between the upper and lower classes widened; while the rich got richer, the poor became poorer. Hughes…