Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Inequality of income distribution
Corruption by politicians
Inequality of income distribution
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Inequality of income distribution
Inequality of income, to many, is the seizing of opportunity efficiently, and an expected cause of popular economic systems. However, the inequality that is being exemplified in the world today is a result of a correlation with corruption. Corruption, as in seizing the opportunity for human greed.“corruption is a function of motivation and opportunity”(khagram). As inequality increases so does the motivation for corruption. The nature of this relationship between inequality and corruption can be seen through history, and where it is most prevalent.The U.S has seen its bouts of corruption within political systems, and in order to stop this vicious cycle, we need to be leaders of democratic nations. To analyze income inequality to its full extent, it is important to compare and contrast the noticeable differences in the 20th century to now between domestic and international inequalities. The different paths that income inequality and corruption take reveal that income inequality is not a result of capitalist or socialist economic policies, but from corruption.The U.S. and most of Eastern Europe at the current moment are some of the most unequal income wise and corruption. They both took very different paths to becoming industrialized countries. As industrialism was on the rise in the late 1700s in Western Europe, so did the opportunity to make money through a new- fashioned way. No more medieval feudalism and being born into the power and riches-it was a time of opportunity. For the most industrialized nations of that time period, the quality and standard of living rose, for new efficient inventions were being made and education was becoming cheaper and socialized. Specifically in the American industry, moguls were celebritized a... ... middle of paper ... ...tionary success, and to only repeat the constant failures and devastations of history is a mockery to our existence. Works Cited Chetwynd, Eric, Frances Chetwynd, and Bertram Spector. "Corruption and Poverty: A Review of Recent Literature." Management Systems International (2003): n. pag. Print. Hollingshead, Ann. "Income Inequality, Wealth, and Illicit Financial Flows in Asia." Financial Transparency Coalition. Financial Transparency Coalition, 1 Aug. 2013. Web. 29 Apr. 2014. Jong-Sung, Y., and S. Khagram. "A Comparative Study of Inequality and Corruption." American Sociological Review 70.3 (2005): 539. Print. Noah, Timothy. "Why We Can't Ignore Growing Income Inequality." Slate Magazine. The Slate Group, 16 Sept. 2010. Web. 30 Apr. 2014. Reich, Rob, and Debra Satz. "Occupy the Future." The Boston Review. Boston Review, 1 Dec. 2011. Web. 29 Apr. 2014.
Both Sklar and the Economist offer suggestions to improve the inequality in America, but unfortunately the inequality continues to grow. Sklar’s use of detailed facts about the richest Americans, the poorest Americans and her discussion of the impact on society add clarity to the Economist’s argument that the American dream is broken due to the inequality in America. Until the American government starts to make changes, the problem of inequality will continue to grow.
By the mid 20th century, the scale and prominence of corruption had increased dramatically, due to the widespread transition to vast urban cities and industrialized systems. The greed and desperation that resulted from the shift towards industrialism accelerated the growth of corruption in politics. Although the shift to industry was a necessary stepping stone in the development of the modern society existing today, it was accompanied by various consequences to American society and facilitated the corruption of government officials. The exploitation of fellow
"Wealth Inequality in the United States." Wikipedia. Wikimedia Foundation, 18 Apr. 2014. Web. 19 Apr. 2014.
Throughout the years, “ U.S income inequality has been increasing steadily since the 1970s and now has reached levels not seen since 1928” (Source A).
Belsie, Laurent. “The Causes of Rising Income Inequality.”.N.p., 5 Mar. 2009. Web. 30 Apr. 2014
Scarborough, Joe. “Top 1% Took 95% of Gains Since 2009.” Tampa Bay Times. January 21, 2014. Web. March 11, 2014. In this article the authors shows how income inequality has been changing over the time. He also tries to emphasize how large this gap has become by comparing income and taxation of the top 1% with the rest of the nation.
Corruption consists in the illegitimate agreement between a corruptor and a corrupted, in which they abuse of their public power in order to obtain personal benefit. Bribery and corruption is something that has been going on for years. According to Allen, “officials perceive themselves as immune to any penalties for demanding and receiving bribes” which she states that it is one of the main reasons for bribery and corruption in underdeveloped countries. According to Transparency International, an organization committed exclusively to end corruption, three of the most corrupt countries in the world are Somalia, North Korea and Afghanistan. This does not mean that corruption is only seen in underdeveloped countries. In international business, corporate employees often find themselves dealing with corruptors in foreign countries and, in most cases, they will give in.
Sutter, John. “What is income inequality, anyway?” CNN. 29 Oct. 2013. Web. 13 Feb. 2014.
Bribery poses difficulties on moral grounds because it is incompatible with the principal of human equality and the fundamental right for individuals to be treated with equal respect and concern. For an institution to adhere to this principle, they must operate with fairness and impartiality: nobody should have access to influence that is not accessible to all. Bribery operates as part of a mechanism by which influence is only available ...
Income inequality continues to increase in today’s world, especially in the United States. Income inequality means the unequal distribution between individuals’ assets, wealth, or income. In the Twilight of the Elites, Christopher Hayes, a liberal journalist, states the inequality gap between the rich and the poor are increasing widening, and there need to have things done - tax the rich, provide better education - in order to shortening the inequality gap. America is a meritocratic country, which means that everybody has equal opportunity to be successful regardless of their class privileges or wealth. However, equality of opportunity does not equal equality of outcomes. People are having more opportunities to find a better job, but their incomes are a lot less compared to the top ten percent rich people. In this way, the poor people will never climb up the ladder to high status and become millionaires. Therefore, the government needs to increase all the tax rates on rich people in order to reduce income inequality.
Olken, Benjamin A., and Rohini Pande. "Corruption in Developing Countries." MIT. MIT-Harvard, Feb. 2012. Web. 20 May 2014.
Kearney, A.T. (2001). Corruption and the Globalization Index. Last access on 27 March 2005 at URL: http://www.globalcorruptionreport.org/download/gcr2001/data_and_research.pdf NAIM, Mois´s (1995). Corruption Eruption. Last accessed on 2 April 2005 at URL: http://www.carnegieendowment.org/publications/index.cfm?fa=view&id=648 MORAN, Robert T. and RIESENBERGER, John R. (1994)
Montesh, M. (n.d.). Conceptualizing Corruption: Forms, Causes, Types and Consequences. Retrieved May 4, 2014, from
Sanchez, Andrew. Corruption in India. publications. London: The London School of Economic and Political Science, 2012. Internet.
Corruption is prevalent in almost all administrative sectors of the government. Public administration lacks appropriate resources and is considerably performing weak due to corruption, politicization of bureaucracy and dominant patronage networks. (Bertelsmann Foundation, 2012). “Overall 66.7% of households experienced corruption in their interactions with different public service providers. An overwhelming 96.6% of households that interacted with law enforcement agencies experienced corruption. Land administration (52.7%) and judiciary (47.7%) are the next most corrupt sectors.” (Knox, 2009)