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09/13/2020

How to write an income inequality essay

How to write an income inequality essay

The topic of the paper will be focused on the income inequality in the United States. In the last fifteen years, there has been a rapid increase in inequality of the lowest classes. The lower class performers have consistently strengthened their positions. In the economic inequality essay, you may study the data of the current real wages of farmers, workers with lower skills, lower-middle class to the top of the income.

In the past several years, there has been a rapid change in the character of the working population. In the process of economic growth, the number of people employed in agriculture has continuously increased. The number of farms increased from 2.6 to 6.4 million, and the number of families has increased from 2.6 to 6.8 million.

There is no reason to expect that the pace of economic growth in the future will be strong. It is quite possible that the pace of accumulation of the lower classes in the public sector will slow down in the short term, and only the middle class will be able to benefit from the growth in wages.

In the process of economic transformation, the role of the middle class in the economic process is often underestimated. As a rule, middle class is not only a source of income but also a stabilizer of social relations. In the contemporary world, the middle class is a bulwark of society.

There is a generally accepted model for understanding the social position of the middle class in society. It consists in the following steps:

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  • Selection of the position.
  • Become a part of the social structure of society.
  • Consistent and persistent fulfillment of all obligations.
  • Ways to improve the situation: in the future, when moving to the upper classes, the middle class will serve as a stabilizer of socio-political processes.
  • 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.

    However, in order to strengthen the economy, the middle class must grow in order to be able to help it by supplying the cheap and effective workforce (content 3).

    In the areas of economic inequality, differences in the level of wages are most noticeable. In 2014, the hourly wages declined by almost 20% for the combined labor force. The share of the middle class in the income of the labor force was reduced from 46.6 to 36.5%. The lower class achieved a decrease in income of its peers from the same-sex family.

    There are very different tendencies in the phenomenon of income inequality. In the history of the United States, a very high inequality of the bottom class took place. Then the middle class was able to take a large share of the lower class.

    Such situation existed in the 1830-1840s. The level of economic inequality was much higher. The share of the lower class in the national income was much higher than in subsequent periods. The change in the material and social status of the poor was the most significant manifestation of economic inequality.

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    It may be written in the income inequality essay conclusion that, in the modern period, the middle class gets one of the most important social status positions in the United States.

    How to prevent income inequality?

    The topic of the final member of the American social layer is inequality in the United States. The top of the economic ladder was formed and continues to be a center of attention. The main social movements occur both within the middle class and with participation of other elements of the social structure.

    In the culture of the modern American Dream, the image of the middle class is highly valued. The society is obsessed with the image of the good actor, and this causes a need to maintain a high level of social conditioning of the personality. In order to achieve this goal, an educational system should promote such socialization of the individual, his ability to experience and understand the advantages of his talent, as well as the opportunities that correspond to his desires.

    However, the peculiarities of the economic class are their ability to accumulate wealth only if its members experience a relatively high income inequality. In the modern era, the upper class includes large corporations with substantial capital. They can provide the middle class with a wide range of opportunities.

    The degree of social stratification of Americans in the modern era is less significant than the process of economic inequality in the United States. There is a significant change in the characteristics of the middle class, which may be described in the income inequality essay.

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    While the property gap between the middle class and others is still considerable, there are significant differences in the level of income inequality, which should be taken into account while examining the similarities or differences between the groups of earners.