How to write an essay about US income inequality

How to write an essay about US income inequality

The tremendous achievement of the last century, of course, was not enough to earn the high status of the middle class. In Europe, only the middle class got a decent salary at the end of the colonial period. The workers of the lower strata did not enjoy the benefits of socializing the economy. In the Anglo-Saxons, the middle class consisted of merchants, industrialists, financiers, owners of manufactories, planters, farmers.

The actual figure of the middle class in the United States of America is much higher. The number of persons employed in agriculture is 10.5 million, and agriculture is the main source of income. All this indicates the presence of important economic dependencies, including:

  • irreversible destruction of the habitat of animals and plants;
  • waste products of agriculture, pesticides, etc.
  • Another important point for writing the social inequality essay is the fact that, even in the rich countries of the world, the middle class comprises a lower class than the elite of the ruling elite. But, still, the middle class is not a unique group. It may be noted in the essay on economic inequality and happiness that, in the vast majority of countries of the world, the middle class is not a separate group. It is an independent social subject of the state, regarded as a social institution, the only one in the hierarchy of public institutions, for example, the nobility.

    In Europe, the ideals of the middle class were formulated earlier, and some countries of the world were built on the basis of bourgeois principles. The United States is a society of entrepreneurs and workers. It is famous for the dream of a society where the middle class represents the individuality of the American Dream. The society is based on the personality of the individual, and the ultimate goal is the creation of a common, unified economic order, the rule of justice.

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    In Europe, the dream of the middle class was embodied, as Tocqueville said, in the romance of figures which have an irresistible charm. The cult of wealth has become almost religious. It was a special form of idealism, the basis of the American Dream. Tocqueville described it as follows: there is something supernatural, mystical in the incredible ability of Americans to acquire.

    In the 50’s, it was the most important idea of American ideology. The number of Americans who came from the lower strata of society was growing. And the gap between the two classes increased. Only the richest had access to the new higher class. All others had to work hard, and the poor – not least, since this category includes the members of the lower strata. You may push forward the following idea in income inequality essay: the equilibrium of the social type is obtained if the total share of the emerging population is less than the total share of the middle class.

    But, in the 1960s, the real picture of the world’s economic potential was underlined. The following details should be described in essays on income inequality: in the 1960s, the labor receipts dominated the income of the middle class. Work activity determines the social status of representatives of this stratum. Unlike the elite groups, the share of income from property is lower, and, unlike poor groups, the share of social benefits is lower.

    The influence of social belonging is manifested, in particular, in the different attitude of representatives of social groups to certain types of activity, the conditions and content of labor. Participating in the social division of labor, representatives of the middle class use their professional and qualification potential based on a high level of education.

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    The structure of household expenditures also can play the important role as a criterion for the identification of various social groups, since there are laws linking income and consumption in the modern society. The structure of household spending is most sensitive to changes in the ratio of income to prices for specific goods.

    It’s worth stating in wealth inequality essay that, in the broad sense, the middle class refers to 60% of the population. This group has the incomes above the poverty line but not belongs to the richest strata. Since middle class is very heterogeneous in terms of level and structure of income, expenditure and consumption, composition by sex and age, it’s obvious that only a part of this group can be defined as a “classical” middle stratum.

    Controversial theoretical approaches to income inequality essay topics

    The topic of the economic inequality in the United States essay is invariably relevant not only among American historians, but also among public figures, politicians, in the broad circles of the US public. Important ideological motives always were at the heart of their perception of this problem.

    The main one is connected with a different interpretation of the category of “equality” which, since the emergence of American civilization, has acted as one of its core values.