What is a definition of poverty. To poor someone, one must have a job and must have a family, above all, reflect the higher values. The phrase “Incomes equality” means the equality of opportunities in the field of the family.

What is a definition of poverty. To poor someone, one must have a job and must have a family, above all, reflect the higher values. The phrase “Incomes equality” means the equality of opportunities in the field of the family.

There are several meanings of the concept “middle class”:

  • The concept of the average family. The analysis of income, opportunities, needs, incentives, and level of the family is carried out in the scale of individual income, which is obtained in the process of communication, collective labour, etc.
  • 2. The concept of the social status of the middle class, its identity (its characteristics, the distribution of wealth and income) is determined by the level of the productive forces development. In other words, the social status is a condition of the ability of a person to achieve the set of normal human activities, including reproduction, subsistence, clothing, other basic needs.
  • 3. In the system of economic relations, the middle class is one of the most important social institutions, elements of the social structure of the society.
  • 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.
  • It should be noted in essays on social inequality that, in addition to the stabilizing function, the middle class plays an important role in other social processes. In the sphere of economic relations, representatives of the middle class act as the economic donors – not only producers of a huge share of the society’s income but also large consumers, investors and taxpayers.
  • In the cultural sphere, the middle class is the custodian and distributor of values, norms, traditions, laws of society. Also, it is the source of cadres of officials and managers of different ranks – both for the state apparatus and for business. Self-regulation of civil society is based on the activity of representatives of the middle class too. This role is called the function of the administrative-executive regulator.
  • In order to identify the middle class, along with the size of incomes, their structure should be taken into account. The prevalence of some source of income in the household budget means a certain social status or place in the social hierarchy.
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    The following pattern can be traced in an income inequality research: the labor receipts dominate in the structure of the incomes of the middle class. Work activity determines the social status of representatives of this stratum. Unlike the elite groups, the share of income from property is lower, and, unlike poor groups, the share of income from social sources is lower.

    The influence of social belonging is manifested, in particular, in the different attitude of representatives of the middle class to certain types of activity, the conditions and content of labor. Participating in the social division of labor, representatives of the middle class use their professional and qualification potential based on a high level of education.

    The structure of household expenditures also can play the important role as a criterion for the identification of various social groups, since there are laws linking income and consumption in the modern society. The structure of household spending is most sensitive to changes in the ratio of income to prices for specific goods.

    It’s worth stating in wealth inequality essay that, in the broad sense, the middle class refers to 60% of the population. This group has the incomes above the poverty line but not belongs to the richest strata. Since middle class is very heterogeneous in terms of level and structure of income, expenditure and consumption, composition by sex and age, it’s obvious that only a part of this group can be defined as a “classical” middle stratum.

    Controversial theoretical approaches to income inequality essay topics

    The topic of the income inequality in the United States essay is invariably relevant not only among American historians, but also among public figures, politicians, in the broad circles of the US public. Important ideological motives always were at the heart of their perception of this problem.

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    The main one is connected with a different interpretation of the category of “equality” which, since the emergence of American civilization, has acted as one of its core values. In the minds of many Americans, it meant and means equality of opportunities. It may be emphasized in the upside of income inequality essay that this interpretation provides a basis for justifying economic imbalance, since, in the presence of equality of opportunities, individuals with different abilities achieve different results.

    But the number of Americans who believe in this interpretation of the concept of equality of opportunities is growing. They highlight in their publications articles on income inequality and the application of the principle of meritocracy in the United States. The level of the misconception of this concept of opportunity is recognized at the level of the development of the American ideology.