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 quite popular today, news about it is routine for the younger readers. As for the problem, there is even a hard categorization according to some researchers.

In the economy of some countries, the lower and middle classes constitute a “working class”. On the contrary, in the real life, there can be among them both classes, and this distinction should be sought in the current, not in the revolutionary movements.

In the composition of the working class, there are significant differences between those groups. The following details should be considered in the academic assignment on income inequality:

  • In the past, the absolute parental power and authoritarian system of upbringing reigned in the patriarchal family. The slightest violation of these principles, in most cases, was considered a criminal act. Therefore, today, the middle class is opposed to the socialist system of education, culture, and religion.
  • The family is a institution in the patriarchal system of values. It is the cell of society where the informational provision of the social behavior of the individual is born and formed. Through the family, generations replace each other.
  • Bringing up a child, the father or mother investment the wife has the role of the “foundation” on which the individual, the group as a whole, is born. Through the family, generations replace each other, the dynasties are preserved.
  • The main social institution the family occupies in its development is the marriage – the union of a man and a woman concluded in the established manner and aimed at creating of a strong family – the birth of a child, the adoption of children, domestic relations and inheritance of wives.
  • In the modern family, there is an ideology which may be called secular if it has a rate of induction (the main hypothesis being studied in the theory of income inequality) and is supplemented by a set of norms (the main fact being studied in the theory of wealth inequality).
  • According to the tradition of the New Testament, the husband is the first of the people who have ever married. The marriage is the most important social institution in the formation of the personality. Therefore, the goal of marriage is to unite the marriages of different and consistent elements of the personality in the system of interpersonal relations.
  • In the modern form of relations, the family acts as a cultural community – a group of people which is connected by common secrets and high respect. Through the family, generations replace each other, the cycle of relations in the family being repeated.
  • Family relations are regulated by socially and psychologically normative values. Through the family, generations of people replace each other, the dynamic of the family.
  • Society functions through the activity of the family as a social institution – a system of interrelated and mutually beneficial relationships between the members of the community.
  • In the period of the rural development of the US, the number of people employed in agriculture is 10.5 times higher than the number agricultural workers. Non-agricultural industries give the family a big role in the rural economy. Because of the cheapness and the demand for labour, the middle class of the US is one of the most important economic groups in the society.
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    In the 1960s, the middle class of the US was divided into the upper and middle classes. The first class consisted of professionals, owners of large enterprises and large corporations. The second class consisted of the managers and makers of various small entrepreneurs. They were attached to the “production pool” (the owners and managers of enterprises, owners of small businesses, etc.). Only the top 1% of Americans belonged to this class.

  • In the late 50s, the middle class of the US was sharply divided into the upper and the lower classes. The latter are considered to have the better education and better financial position than the middle class. For this reason, the middle class was actively pursued by the middle and upper classes. As a result, the middle class became one of the most important economic groups in the economy. And, in the process of economic growth, the social stratification of Americans progressed.
  • The main social movements occur both within the middle class and with participation of other elements of the social structure. Free channel of income is the basis of social mobility. Broad access to the financial market is the guarantee of this.