How to write an essay on income inequality

How to write an essay on income inequality

Starting to write an essay on income inequality, you will need to analyze the behavior of middle class members in the society. The structure of the income of the middle class is normally narrowed to three main factors, which are income, wealth and, finally, membership in the social network. Each of these factors is powerful enough to affect the members of the middle class in their own way. Join the reader in his or her own shoes, experience the joys of their journey through life and feel the gratitude for inspiration. The structure of the essay on income inequality is often strictly regulated to ensure that the reader will be free from having to pay for essay papers, because the topic is usually extensively discussed in circles of social specialists, and therefore, within the framework of certain scientific theories. So, you may consider, that this problem arises within the framework of specific scientific theories, or also within the sociological/philological theories of the formation of the attitude towards the middle class within society.

In theoretical sociology, the term “middle class” means a part of society that occupies the status positions between the top and bottom in the social hierarchy. Through its maintenance, widening and strengthening, the state can prevent high income inequality.

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

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There is a generally accepted methodology that identifies several mandatory attributes of the population’s belonging to the middle class. It may be found in any good example of research paper about income inequality. The following aspects are of great importance:

  • firstly, the financial situation (including decent incomes, sufficient savings, adequate housing and other property);
  • secondly, the social and professional status (level of education, culture, kind of activity);
  • thirdly, self-identification (with which layer the person associates himself).
  • Another important feature of the middle class is its ability to invest in real estate, liquid assets.

    More specifically, you can provide the following criteria for identifying the middle class in wealth and income inequality essay:

  • level of income, well-being allowing to enjoy a modern way of life, high social standard;
  • relative stability of the economic status;
  • sustainable economic self-sufficiency;
  • ownership of property, presence of conditions which are absolutely necessary for its effective functioning at the modern level: knowledge and skills in the sphere of organization and management, high qualification, information;
  • activities in the field of science, culture which are recognized as particularly valuable for society and carried out on the basis of possessing unique creative abilities;
  • higher subjectivity in the labor market, in the choice of patterns of social behavior, etc. in comparison with lower ones;
  • the ability to influence the social process and its management more or less significantly: the middle class is one of the most important components of the social partnership system.
  • Persons with a higher value of indicators mentioned in this list belong to groups located above the middle class on the social ladder (the upper stratum, the elite).

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    An important feature of the middle class is its quantitative scale. In any case, the share of the middle class in the population should be not less than the total share of those groups whose social status is somewhat below. The functioning of the middle class begins exactly from this quantitative threshold. Otherwise, it would be only one of the layers in the social structure of society.

    Based on the above, you can specify the social groups that belong to the middle class in essay on economic inequality:

  • owners of medium and small capital, part of the owners of small-scale private property (excluding owners of medium capital belonging to the higher strata);
  • employed persons, highly qualified specialists: middle and partially lower managers who carry out technical and functional management at enterprises and organizations of any form of ownership;
  • highly skilled workers with a modern type of education;
  • highly qualified specialists of the non-production line (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) and part of the officials – the performers who are responsible for the management of enterprises and the creation of social responsibility programs;
  • figures of science, liberal professions (creative intelligentsia) if their status has the above characteristics;
  • part of the military officers, etc.
  • 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.

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    It’s important to mention in income inequality paper that the presence of the middle class provides stability and dynamic economic development.