Should we be worried about the great disparities between rich and poor, both nationally and internationally?
Plan:
Introduction: 125
Paragraphs:
Capitalism: What is Capitalism: 100 words
Gives power to huge MNC's How this is making things unequal: 200 words
Selling their labour and subsistence wage. On the original contract. by hume Why this is exhausting resources: 100 words Political Freedom: Everyone deserves oppurtunity:200 words
If everyone is equal everyone should be given equal opportunity at the running the country
Inequality leads to violence. : 200 words
Exploitation of Africa and South America case study Environment 200 words BNP oil disaster + global warming
Conclusion:125
Introduction:
Bad for
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Case Study Here Wealth disparities are huge internationally and lead to shocking wars and at best exploitative deals in which the more powerful nation or nations profit hugely off the relationship while the less wealthy nation suffers.
Environment:
The combination of capitalism and the unaccountability of the Political Leaders or MNC's had led to countless crimes against the environment.
Global warming plus case study.
Paragraph: Political action isn't free.
Political action isn't free. The simple act of voting requires time and attention, furthermore in order to find out about the different parties and their policies requires even more time and even more attention. Some people will be better able to do this than others. In order to have a greater impact on a political level you may want to form a political party, campaigns etc.. The wealthy have definitely more means to do this then a poorer person. Political action has a price and
It has a price and wealthy people will be better able to deal with that cost
As long as capitalism, the system characterised by ownership of the means of production, exchange of goods for profit in a market economy and wage labour, competition between major investors drives the political system, With democracy being fundamentally absent from the
Furthermore, economists, politicians, CEO, and other elites constantly gloat that the U.S. has the richest economy or the highest GDP in the world. Yet, are we not forgetting that there is such a tremendous gap between rich and poor in this country, and thus a large number of our citizens are forced to live under near Third World like conditions?
When democracy itself is dominated by the logic of the market money dominates everything, even in the social life, as election and future political campaign.
There has always been a wealth gap between the richest and poorest in society. However, in the past decade, the wealth gap between the richest and poorest citizens in the US has been growing rapidly. In the 70s and 80s, the wealth and income growth rate for both poor and rich people were similar, however, between the years 2009 and 2012 the top 1% income increased 31% while for the bottom 20%, their income actually dropped and for the vast majority of Americans, the average yearly income only increased by 0.4% [4]. The question is, is wealth gap bad? Is a growing or extreme wealth gap unhealthy for the economy and social stability or is it a necessary part of it.
Wealth inequality and income inequality are often mistaken as the same thing. Income inequality is the difference of yearly salary throughout the population.1 Wealth inequality is the difference of all assets within a population.2 The United States has a high degree of wealth distribution between rich and poor than any other majorly developed nation.3
If so, how? 4) Has the wealth gap increased over time? 5) Are there public policies that influence wealth inequality? And, 6) Is America’s middle class growing poor? Those are just a few of the many questions that circulate the discussion on wealth inequality in America.
I believe that there is too much wealth and income inequality in the United States
Wealth inequality is a real issue that needs to be fixed. The imbalanced growth of the upper class compared to the middle class is a danger to American society as a whole. The rich becoming richer while the middle class remains the same leads to a power imbalance, with the rich using their money to run the country the way they see fit while the middle class speaks to ears that do not listen. The issue of wealth inequality needs to be fixed by raising taxes on the rich.
Many authors argue that capitalism and democracy are always complimentary, and go hand in hand, it is impossible to imagine one without other. All these arguments do not match with reality. Capitalism and democracy can clash in different fields (Delanty, 2012).
America’s upper class has been getting richer since the past three decades, and we have still not found a way to stop this. We have been unable to find a way to distribute America’s wealth equally, so we can have a decent lower class and a good middle class. Inequality has caused many people to struggle in various ways, but their is alway another side to the story.
...ment, income inequality will exist due to the rise of some economically successful people and the further development of factors that push people into poverty. Although it may not seem fair that there are rich people blowing money on impractical and meaningless things while people live in poverty, it’s a reality that the United States has experienced for centuries.
In the United States, more than one in three women live in poverty or on the brink of it (Patron, 2014). The current federal poverty level starts at $16,020 for a family of two, $20,160 for a family of 3, and so on at increments of slightly more than $4,000 for each additional family member (Buteau, 2007). There are 106 million people in the United States that have incomes below 200 percent of the federal poverty level, or are low-income. About 42 million of these low-income individuals are women and 28 million are their children (Patron, 2014). This phenomenon of the disproportionate rate of the population’s poor being women is known as the feminization of poverty.
The disparity between the poor and the wealthy is substantial. There is an obvious gap between the social class of the rich and poor in capitalism. Wealth is earned and no one is given
Furthermore, some developed countries have taken advantage of the unfair use and distribution of resources in order to help their citizens to become more wealthy. These powerful and rich countries have a responsibility to help less
In 2013, the World Bank reported that there were over a billion people globally living in poverty. The World Bank’s website stated an “estimated 21 percent of people in the developing world are living at or below $1.25 a day. That’s down from 43 percent in 1990 and 52 percent in 1981.” With so many human beings at, or near, the poverty line, there is evidence of exposure to vulnerabilities. Poverty can expose the weakest and most vulnerable through their want for food, safety, shelter, and overall basic needs. So often we learn that in order for people to become self-actualized, they must have their basic needs met first. According to Maslow’s Hierarchy of Needs, a person is self-motivated and definitively fulfilled within their cycle of life once they have transitioned and accomplished levels of attainment. The attainment levels for a productive life, according to Maslow, include physiological needs, safety, belonging, self-esteem, and self-actualization. The general premise is that when one or more of these needs becomes absent, it leaves a person at a total loss or decline. If the foundational needs of physiological and safety are absent, then the other needs cannot provide growth and achievement and the person’s lifestyle or livelihood is compromised.
Throughout history different types of instrumental regimes have been in tact so civilizations remained structured and cohesive. As humanity advanced, governments obligingly followed. Although there have been hiccups from the ancient times to modern day, one type of government, democracy, has proven to be the most effective and adaptive. As quoted by Winston Churchill, democracy is the best form of government that has existed. This is true because the heart of democracy is reliant, dependent, and thrives on the populaces desires; which gives them the ability for maintaining the right to choose, over time it adjusts and fixes itself to engulf the prominent troubling issues, and people have the right of electing the person they deem appropriate and can denounce them once they no longer appease them. In this paper, the benefits of democracy are outlined, compared to autocratic communism, and finally the flaws of democracy are illustrated.