- Discover essay samples


4.9 of 5.0 (69 reviews)

396 words

Wealth page 1
Wealth page 2
Wealth page 3
The above thumbnails are of reduced quality. To view the work in full quality, click download.

Wealth & Poverty

By: P. Stegall

Patricia Stegall 6/30/99 Sociology 1B Midterm 2 Essay Identify and discuss sociologically the issues about wealth and poverty in American Society. What do you believe and why? The distribution of wealth, economic inequality, and the growing numbers of people living at or below the recognized "poverty level" are issues that must be dealt with in the United States. In general, Americans subscribe to the concept that everyone has a right to a standard of living adequate for the health and well-being of himself and family, but the reality is much different. Depending upon which statistics you believe, either the disparity in the distribution of wealth is growing greater and greater, or statistically, it has remained static. Nevertheless, it is apparent that the country has a growing problem of more and more people becoming homeless, and more people living it poverty. In Issue 8 of our readings, Paul Krugman indicates that this inequality in living standards arise from technological advances that have eliminated low-skill jobs, imports from low wage countries, and more importantly, the decline of the labor movement. He argues that unions provide a "political counterweight to the power of wealth." In opposition to his position, Christopher DeMuth claims that the inequality has been greatly exaggerated, that it is "a small tick in the massive and unprecedented leveling of material circumstances" that has been "proceeding for nearly three centuries.' Mr. DeMuth sees the fulfillment of material needs as creating a need to change the way we gauge economic welfare and equality from income to consumption. Each author uses different indicators to support his thesis. Frankly, I don't accept either premise. In my opinion, the issue is much larger than just the failure of the unions to maintain power or changing the way we determine economic equality. It is a basic, gut-level issue of survival for those people who do not have the jobs, the income, the means to enjoy the current economic "boom". In Issue 9, Nicholas Eberstadt argues that the "withering away" of the family as a central social institution has led to the increase in poverty and that the breakup of the family results in both financial and economic hardship, particularly in the fatherless household. His argument continues that this has led to an increasing long-term dependence upon government assistance programs. He also attributes the ...

You are currently seeing 50% of this paper.

You're seeing 396 words of 792.

Keywords: wealthy, wealthiest person in the world, wealthy meaning, wealth lietuviskai, wealth inequality, wealthiest people in the world, wealth synonym, wealthsimple

Similar essays

Drug and Alcohol Abuse

If I were an advisor to the Governor of Missouri, the issue I would encourage him to address is the manufacture of drugs and the use of drugs and alcohol throughout our state. The advice I would give him is to impose stiffer penalties for those who manufacture drugs and focus on prevention, and, most importantly, rehabilitation, of those who ab...

207 reviews
Womens Rights in 3rd World Cou

By: Alekper Akperov E-mail: There was a young woman who left her home in Mycrorayan in Kabul, Afghanistan for Peshawar after the January 1994 fighting and told Amnesty International of the following situation. "One day when my father was walking past a building complex he heard screams of women coming from an a...

122 reviews
Monetary and Fiscal Policy

The Monetary and Fiscal Policies, although controlled by two different organizations, are the ways that our economy is kept under control. Both policies have their strengths and weaknesses, some situations favoring use of both policies, but most of the time, only one is necessary. The monetary policy is the act of regulat...

52 reviews
What is History

? By: Edrick Brown E-mail: What Is History? What is history? Where do I start? And who says it started there? I wasn't there, does it matter? Can I accept whatever happens in another part of the world into my personal history, or just in the worlds history? What parts of history are most important? Who decides? What a qu...

59 reviews
Drugs and Teenagers

Drug use is the increasing problem among teenagers in today's high schools. Most drug use begins in the preteen and teenage years, these years most crucial in the maturation process. During these years adolescents are faced with difficult tasks of discovering their self identity, clarifying their sexual roles, assenting independence, learning t...

212 reviews
Atsisiųsti šį darbą