How to write an essay on student loan debt
Of course, it is important to illustrate that the problem of student loan debt is important. We can see it in the second part of our article. However, in the first part, we will talk about the causes of it. That is when it is crucial to understand the situation in the country. So, let’s start with the causes of college tuition.
Cultural of some regions in the US: cultural of the American Dream, big industry in the financial sector, large local business, small local communities, etc. Essentially, a national culture of philanthropy, super-patrimony is being created. This culture is attractive to the world’s young people. The Anglo-Saxons, on the contrary, are being one of the most expensive and powerful economic powers. From a historical perspective, this power also implies the exclusivity of the United States in the international community.
Unfortunately, the modern community of American billionaires does not see an optimal balance between the interests of the economy and the needs of the population. As a result, the country’s economic collapse will be observed.
Summing up, we can say that modern American ideals are directed at a new level of progress which is determined by the unity of the ethical and aesthetic divergent of the society. They lead to a new knowledge of the world and are aimed at the improvement of the quality of life, the broadening of the horizons, the increased ability to penetrate into new areas of the knowledge base, the decrease in the price of resources used, the increase in the scope of trade, the decrease in the illiteracy rate, etc. Consequently, contemporary American ideology is a mix of these two different ways of creating a society.
Despite the fact that capitalism and communism are biological powers, in their influence on the human psyche and evolution, they are also practically and psychologically different.
Technological progress and the role of the individual in the development of society
The role of the individual in the process of technological progress is usually recognized as one of the most significant spheres of life. To date, this area of knowledge is often called the periphery of modern science and is associated with principally mathematical results. In the post-revolutionary era, in the process of quantitative transformations, a role of the individual was somewhat higher. The circle of people who were able to influence the environment and the destiny of the country was very narrow. So, it is not difficult to find the concepts of success, fame, and power in the field of mathematics, especially when those were designed to understand and describe the workings of the economy.
In the post-industrial era, the labor market was almost empty, and its main representatives were unemployed. As a result, unemployment caused mass poverty, other societal problems, the lack of political participation of the vast majority of the population, and the possibility of political control by the elite of society.
There was a transition from a centralized Federation government to decentralized power when the barricades around the divided society gave way to new realities of economic activity and politics. The economy of statehood was dominated by the power of money, and the means of production were determined by the degree of the citizen’s earning.
The economy proved its superiority over the economy of the agrarian society. The collapse of the peasant economy led to the growth of social inequality. The huge inequity increased. The interests of the majority were not taken into account.
One of the main reasons for the economic growth of the 1960s was the rapid growth of labor productivity which was supported by the high fertility of the population (Fingerhut & Maisel, 2010. P. 965). In comparison with the pre-industrial era, the labor process contributed to the process of social mobility. The average change in the population was almost halved in the 1960s.
There were changes in the structure of the population’s income in the post-revolutionary period. The share of the labor force employed in industry was lower than in the previous decades, the share of household expenditures was lower, and the ratio between the wages of urban and rural workers has decreased. The share of social benefits was lower (relatively) in the middle of the 20th century. The influence of social responsibility was more clearly expressed (for example, in the form of social supervision over the situation of the poor).
The middle class reached 60% of the population. As of the beginning of the 20th century, the share of the labor force employed in industry was lower than in the past decades. The share of the urban labor force was lower than in the previous decades. The share of social benefits was lower (relatively) in the second half of the 20th century. The product of the increase in the mass culture of the middle class was less valued in the hierarchy of values.