What is a definition of poverty. For many people around the world, this concept means the material well-being of a person. It is established that each person is poor. But in the real world, there can be situations when, for different reasons, the poverty changes usual social status of some groups.
For example, the affluence of the poor over the world is largely recognized as the prerequisite for good health, and the social status of the elderly is frequently unstable. This is one of the reasons for negative stereotypes about the health of the elderly, which may be described in the essay on poverty and health.
A type of poverty is also formation of the grip of bad conditions on the part of the population. This type is called “economics”. The old people simply do not realize the changes in their lives and do not want to accept reality from a different angle. But, in any case, this does not mean that the entire population of some countries in Europe and US is now in a state of hopelessly poor. The level of social stratification of the population is lower than in the previous decades, but the struggle of the middle class continues.
There is a tendency for the growth of a gap in the wages of certain groups of the population. The salary of the median male worker is now significantly lower than in 1973. The wages of women of the same age are 45% lower than in 1973. You may write in the essay on income inequality and happiness that, in Europe, the picture of the middle class as a “classical” middle stratum is much better defined than in the United States. The mean income of this stratum of workers is significantly lower, but the social and economic status of representatives of this stratum is much higher.
Beyond the middle class, there are groups such as the elite of the elite of the intelligentsia, the upper stratum of the social elite. Their status is linked with the heights of social mobility. The process of social ascent has resulted in a sharp increase in the number of very rich and powerful persons with whom the middle class has to communicate. Such social mobility has also led to the recent significant strengthening of the role of the middle class in the social hierarchy, as the influence of social mobility has increased over the past decades and this trend continues.
The concept of the middle class for economic inequality essay
The theoretical definition of the middle class (indisputably, the basis of modern society) causes the greatest controversy among economists and sociologists. Given the limited information on the standard of living of the population, it makes sense to proceed from the fact that the middle class got its name due to place in the social hierarchy, as a group of people with an average income for a given 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 funds in the national economy, playing the role of the main taxpayer, acting as a stabilizer of socio-political processes.
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 poverty. The following aspects are of great importance:
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: