How to write an essay on income inequality

How to write an essay on income inequality

The topic of the essay on income inequality is often discussed by social scientists and economists. This is the subject that is mentioned most by the students, and everything is discussed in it. So, what topics are best to write about? The following options are used frequently within this genre:

  • Analysis of the income of the middle class.
  • Topics related to economic processes of the US economy: unemployment and social inequality.
  • In the first case, you may touch upon the history of the middle class, its history in the United States, or in Europe. The Middle Class is one of the most developed economic classes in the world, and, in the second case, it is an independent social subject. Naturally, the natural inclinations of the middle class differ sharply at all these stages. The patterns of their growth and development are restrained only by the level of the industrial revolution. Then the middle class acts as a stabilizer of socio-political processes.

    Generally, the middle class is a independent social subject capable of effectively performing its traditional functions: investing funds in the national economy, playing the role of the main taxpayer, acting as a stabilizer of socio-political processes.

    There are several main positions in the middle class:

  • professional and highly qualified specialists, managers and executives of companies and educational institutions;
  • highly skilled workers with a modern type of qualification;
  • highly qualified specialists of the non-production profile (part of them may have a status below the middle class);
  • persons exercising civil authority (except those who are members of the elite and the upper strata) but subject to certain restrictions;
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    persons exercising social and political control.

    The middle class is distinguished by high heterogeneity and even ambiguity in many objective and subjective criteria. This prevents the understanding of the common interests of representatives of the middle class.

    It’s important to mention in income inequality paper that the presence of the middle class provides stability and dynamic economic development. As a basic social group, it performs a number of very important social functions. The function of the social stabilizer is the basic among them: having achieved a certain place in the social structure, the representatives of middle class are inclined to support the existing state order that enabled them to reach their position.

    It should be borne in mind that the middle class plays a leading role in the processes of social mobility and also strengthens the existing social system protecting it from cataclysms: the dissatisfaction of the lower class with its position is balanced by the real possibilities for raising the status in society.

    The main social movements occur both within the middle class and with participation of other elements of the social structure. Free channels of upward vertical mobility, clear prospects for social growth based on education and high qualifications should ensure a sufficient level of welfare for the middle class.

    It also should be noted in essays on social inequality that, in addition to the stabilizing function, the middle class plays an important role in other social processes. In the sphere of economic relations, representatives of the middle have the dominant positions. In the cultural sphere, they represent the values of the individual and the aspirations of the collective society. In the sphere of social relations, they are the first to take part in the formation of the collective national idea, offer their assistance and make contributions.

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    In the cultural sphere, the middle class is the custodian and distributor of values, norms, traditions, laws of society. Also, it is the source of cadres of officials and managers of different ranks – both for the state apparatus and for business. Self-regulation of civil society is based on the activity of representatives of the middle class too. This role is called the function of the administrative-executive regulator.

    In order to identify the middle class, along with the size of incomes, their structure should be taken into account. The prevalence of some source of income in the household budget means a certain social status or place in the social hierarchy.

    The following pattern can be traced in an income inequality research: the labor receipts dominate in the structure of the incomes 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 the middle class 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.

    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.