Social inequality is shown throughout the world from situations of race, ethnicity, gender, and age. These factors may dictate wealth, schooling, power, and prestige. The social conflict paradigm views the patterns that benefit some people more than it would others, due to their social standings. Karl Marx was a sociologist who embraced the social conflict paradigm. Marx made his main goal to not just understand society but to reduce social inequality.
Making them understand the effects of capitalism and migration in certain countries. Personally, I know that immigration is a key portion of social inequality because in many cases immigrants make up a huge part of the citizens in poverty. Capitalism is also one of the main reasons why there is poverty because with capitalism only the wealthy are receiving money and the poor are the only ones working, but not earning. In the article, it also mentions how globalization and capitalism are both linked together. “The benefits of globalization have been unfairly skewed towards a privileged elite, a trend that leads to lower global growth…”.
Rise of Inequality in Society In "Some Principles of Stratification", Davis and More define the functional theory of stratification as the notion that societies need inequality in order to fill the important occupations wanted by society. The best people need motivation to take the most important jobs, and that motivation comes in the form of rewards, usually a higher income. However, this theory does not explain why inequality in the United States has been on the rise. In William Wilson's The Truly Disadvantaged, Frank Levy explains that the increasing inequality is a result of money-making power shifting from the average worker to the shareholders. Today, the highest paying jobs are not necessarily the most important ones.
Karl Marx and Robert B. Reich’s works cover an issue of financial inequality between poor and rich population in a global context. Both authors differently described current conditions of wealth people in particular and made different predictions concerning their future. From the Marx’s perspective, wealthiest in a society is bourgeoisie, proprietor of the means of production who exploit the labor of proletariat. (Marx, p.36, 59) According to Reich, wealthiest in the society are symbolic analysts in comparison with routine producers and in-person servers. (Reich, p.1) In “The Communist Manifesto” Marx claimed that conditions of existence and prosperity of bourgeoisie ultimately will be directed toward destruction of bourgeoisie as a class.
If those living a life of poverty suffered and worked a little harder, perhaps they might experience a life of wealth too. This was a very different viewpoint from the Marxist who saw the suffering of the working class as a result of the unfair and random distribution of wealth. The two images show the contrast between the beliefs and ideas of Marxism and Socialism. Both believe that they have the solution to the problems of the Industrialist society and vehemently believe that the other is wrong. Marxism and Socialism were both responses to Industrialization and played a huge role in shaping the ideas of society.
These factors work against each other in the way that, you need a good education to get a good paying job and vice versa... ... middle of paper ... ... High inequality usually influences less upward mobility. As the rich become more rich, the poor become even more poor. Segregation leads to slower economic mobility, which causes poor family structure and government spending in communities. Income inequality remains such a prevalent issue due to the greed and prejudice in the capitalistic society, which pushes the gap between social classes further away from each other causing the working class to remain poor. As this topic remains such a compelling problem for the past 50 years, America must come together to support and help pull those who are stuck in the trap we call poverty.
There are gifted people with skills that they are not given the opportunity to share and allow society to benefit from their knowledge. Discriminating against these groups of people keep them from reaching their true level of performance and keep them in careers that are below their potential level. Having people in high paying positions because they have the desired appearance is harmful to our economy. Racial discrimination has been an ongoing issue for our economy, throughout history there has been many racial equality advancements accomplished. Dedrick Muhammad defines the essence of racial discrimination, “ racial inequality, then, has always been defined by economic inequality”.
Additionally, the trade theory suggests that the free trade might have level up the income inequality higher within countries by the different patterns of wages and demand for workers who are skilled and unskilled (Silva and Leichenko). Moreover, the education of wealthier people has it easier because the learning efforts of education are unbalanced. Besides, income inequality in the United States is hurting our economy due to the all the issues of corruption, trade, wages, and education. Suggested by Robert H. Frank article called “Income Inequality: Too Big to Ignore,” the income inequality is bad for our economy (Frank). To illustrate the gap of income inequality we can begin with corruption.
In fact, you could quite easily conclude that the poor are poor because the rich are rich and have the power to enforce trade agreements, which favor their interests more than the proper nations. This is a very serious problem in our society today. Poverty is everywhere and it needs to reduced so that our economy will be more stabilized and balanced that it has been. What does it mean to be poor? What does it mean to describe a nation as “developing”?
(Stilitz, 2012). A job where there is high level of supply and also want to work for a lengthy period of time only some would be chosen thereby causing low wage to the job seekers. According to Hazlitt, Henry ‘’ Members may also receive higher wages through collective bargaining political influence, or corruption’’ (Hazlitt, 1988). Future The effects of economic inequality The major effect of economic inequality is poverty. When people are cheated or deprived of their right as citizens they would suffer.