What is interesting, you will learn that these people enjoy spending time on things that do not bring real benefits. The world should be divided into the rich and the poor. But how could the poor man live on the free time? Of course, he will not have enough money to live by his own dignity. The work of social agencies is the only solution that we can propose.
When describing the position of social agents in society in “How income inequality is affecting the distribution of wealth?” essay, it’s worth noting that the principle of social responsibility is being developed in the United States at the beginning of the twentieth century. The period of the last half of the twentieth century was called the “Decade of Prosperity” in the United States. The wealth of the majority of the population was owned by the top 1% of the society. The struggle of the middle class was actively pursued. In the literature, the term “middle class” means a part of the society that occupies the status positions between the top and bottom in the social hierarchy. Through its maintenance, widening the circle of representation, the state can prevent high income inequality.
But the process of economic stratification continues even now. The concentration of the majority of the population in the middle class has decreased considerably, but the share of the middle class in the population has decreased only marginally, because the lower class retains its status. In the qualitative and quantitative indicators of the process of economic stratification, there are significant differences between the positions of the middle class and those of the other social groups, including the distribution of incomes and social pensions, but the fundamental values have retained their value.
In the cultural sphere, the middle class is distinguished by high literature, which, in addition to the abilities of the individual, ensures a wide access to information and, unlike the elite, is widely spread throughout the population. As a rule, both sexes and age groups of people belong to the middle class.
In the economic sphere, the middle class is one of the most important components of the social structure, because it is the largest and the most important part of the economic activity of the country.
The middle class is distinguished by high intellectual activity of the middle class. In addition to the level of education, culture, and religion, it is also granted the rights of citizenship,, proc, and inheritance of wealth, and privilege.
The middle class is characterized by high social mobility. In comparison with the lower class, the share of the middle class is much higher. The ease of mobility allows the middle class to grow, especially since it is composed of a large number of independent members.
The middle class is often characterized by the strength of the instinct of self-respect, which serves as a basis for self-determination, inclusion in social organizations, and, especially, by the electoral process.
In the process of economic stratification, the privileges, benefits, and opportunities of the middle class may be partially or completely eliminated, and consequently, the income inequality may be partially or completely eliminated.
The degree of social stratification of the population is characteristic of the society. In its assessment, the democratic system renders the distribution of incomes and opportunities more difficult, the power of the majority more reliant on the structure of household expenditures.
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 income inequality 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.
In the modern concept, the term “middle class” means a part of society that occupies a position in the social hierarchy on the basis of various incomes, opportunities, and social characteristics, including, in particular, the income of the middle class.
In the cultural sphere, the middle class is the cultural status of the majority of the population, the embodiment of the ideal of the ideal created by the artistic and intellectual creativity of the creative impulse, the spiritual strength of the creative impulse. Above all, the middle class is the most important social subject actively observed in the collective consciousness of the member of the collective, owing to which the formation of the collective psyche takes place.