Levels of inequality and the financial stress on the middle class have risen dramatically and have reached a point that motivates a closer investigation. The interaction and concurrence of rising inequality with the financial collapse and the Great Recession have, in particular, raised new issues about whether a weakened middle class and rising inequality should be part of our thinking about the drivers of economic growth (Boushey, 2012).
In fact, over the course of the past decades, the United States has experienced a significant change. While income growth stalled for the middle class, the livelihoods of those at the top continued to rise on. Further separating themselves from the rest of the working population. Somewhere around 1979 and 2007, the most recent year before the Great Recession, median family income ascended by 35 percent, while salaries for those at the 99th percentile rose by 278 percent (Boushey, 2012).
Taking money from the middle classes has been wrenching candy from a dozy baby. What matters now is that their value system holds together, as vag...
... middle of paper ...
... a healthy standing democracy, different strategies have been developed to settle the problems that threaten a striving middle class. Today, America’s middle class has shifted into a period of slow decline due to income inequality and poor political policies. Aristotle’s six theoretical concepts were proposed to help clarify why a strong middle class is important. While other economists like Gar Alperovitz focused on plans to promote economic growth and cut down on financial disparity. The number of policies that can be drafted to Congress, with regard to improving our middle class are staggering. Negotiating fair wages, lowering monthly mortgage, and decreasing school debt are of the many steps to expanding the middle class (Madland, 2013). Once laws are enacted in favor of the middle class, the bourgeois will further grow and democracy will continue to flourish.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- I was born into a lower class family. My father was working class until his diabetes became out of control and due to complications was unable to hold a job. He had no health insurance, didn’t qualify for public assistance because be owned two inoperable vehicles. I wasn’t aware we were lower class due to the tribe we socialized with. Our church was a huge part of our life. It was within walking distance and many people of similar class socialized together. It wasn’t until my older brother and I reached the legal age to hold a job and drive did our family rise out of the lower class.... [tags: Working class, Middle class, Social class]
2111 words (6 pages)
- Eligible Bachelors: Suitors and Courtship in the Lower Middle Class Trying for social advancement, single men and women of the lower middle and upper working classes sought to assume the Victorian middle class rituals of courtship and engagement. Accordingly, this aim joined with the poor finances key to these classes to lead to the complicated struggle of the bachelor. A Suitable Suitor To be considered an appropriate suitor to a lower middle class woman, a man of similar station must address and fulfill several conditions.... [tags: Victorian Era]
612 words (1.7 pages)
- Differences in perception of class through the media Do the media promote a class divided within the society in the United Kingdom. The purpose of this study is to delve into the media’s influence on perception of class. One cannot open a newspaper or tune into the TV without being exposed to stories of class culture stereotypes. From the bankers scandals to the corrupt politicians to the ASBO (anti-social behaviour order) ridden council estates, it would seem apparent that the media have a certain control over public perception of society.... [tags: UK, stereotypes, class research]
1780 words (5.1 pages)
- different classes, the bourgeoisie and proletariats. Bourgeoisie are those that own the business and the proletariat are the workers for the bourgeoisie. The workers only earn menial wages and are denied access and privileges that are afforded to the wealthy owners. By the owners denying them access, they keep the workers “down” and they don’t question their exploitation. Finally, there is the Symbolic Interactionist Perspective. Symbolic Interactionism can be attributed to the works of George Simmel, Charles Cooley, George Herbert Mead and Erving Goffman.... [tags: Sociology, Social class, Symbolic interactionism]
1008 words (2.9 pages)
- Race, class, and gender; these three terms are used exhaustively in modern political discourse. Scholars and pundits throughout the political spectrum ponder as to how they intersect and affect each other, coming to wildly diverse conclusions. Typically, the conclusions these individuals come to are divisive since these topics are controversial, and only convince those who are seeking confirmation of the viewpoints they had originally -- essentially preaching to the choir. Many shortsightedly focus on one or two of these terms exclusively, ignoring the bigger picture either in ignorance or deliberate manipulation,.... [tags: Developed country, United States, United Kingdom]
1166 words (3.3 pages)
- Jonathan Swift and Katha Pollitt, separated by 200 years, share a common interest in the welfare of people. Specifically, the two authors write of different experiences regarding the underprivileged women and children in their particular countries. While my experience might be limited in the environment of poverty personally, I have had some exposure to underprivileged youth and their families. My perception of poverty is based on attending both primary and secondary school in a depressed socioeconomic community filled with single mothers living in government funded housing on the north side of Houston.... [tags: Family, Marriage, Jonathan Swift, Divorce]
1142 words (3.3 pages)
- In his somewhat famous criticism of Heart of Darkness, Chinua Achebe questions whether a “novel which celebrate this dehumanization, which depersonalizes a portion of the human race can be called a great work of art” (Achebe, 344). The Weavers, Heart of Darkness, and The Woman Warrior are all written works of art that critics, such as Achebe, would condemn for their dehumanization of particular groups. However, these critics overlook what makes these writings true art: their ability to have a positive impact.... [tags: Social class, Working class, Middle class]
1993 words (5.7 pages)
- The American dream is white picket fences, freshly cut bright green grass, the smell of homemade apple pie, fresh groceries from Whole Foods and a three story suburban house in a safe neighborhood. It is the worriless state of a financially secure career, marriage, and kids. The American dream as perpetuated in movies, television, shows and media is the story of rags to riches but not quite rich instead high middle-class. “...our media is national in nature and single-minded in purpose. This media plays a key role in defining our cultural tastes, helping us locate ourselves in history, establishing our national identity, and ascertaining the range of national and social possibilities” (610).... [tags: Working class, Social class, Middle class, Wealth]
1349 words (3.9 pages)
- The Industrial Revolution consisted of scientific innovations, a vast increase in industrial production, and a rapid growth of urban populations which consequently shaped a new social structure in the European continent. Initially in the late eighteenth century, the new industrialization period produced dominant bourgeoisie employers and a united men, women, and children workers. The continued increase of factories coupled with a need for employees made the Proletariats within a short period of time a large, underprivileged, hungry, and desperate for money.... [tags: essays research papers]
1573 words (4.5 pages)
- Class Struggle and the Communist Manifesto The Communist Manifesto is profoundly marked by the history of class struggle and social inequality throughout history. In fact Marx suggests that history is in essence merely a timeline of class struggle, unchanging apart from the alteration in mode of production. The document is the story of the conflict between the Proletariat and the Bourgeois, the oppressed and the oppressor, the haves and the have nots, etc. However, this is not a new idea and Marx is really not all that radical.... [tags: Karl Marx Communism Manifesto Essays]
1388 words (4 pages)