Of those who do not work full-time, about half state that they are working part time because they cannot find full-time work. Thus the working poor face the problem of involuntarily working part time to a greater extent than other workers. Approximately 20% of the working poor are employed involuntarily part-time” (Kim). The partial reason why they do not work full-time is due to the occupations they hold. Even if the working poor were granted full-time employment, their position in society would still be in poverty because their wages are too low to fit themselves up in the society chain.
The white race dominates the United States, making them superior over minorities. Especially since the country was founded during times of racism, it can be seen that racism is also embedded in all social institutions and structures, as seen by Nicki Lisa Cole. As a result, this gives whites privileges that people of color do not have. On average, whites get paid significantly more than minorities, especially blacks, causing the wage gap. A graph provided by Tanzina Vega shows that the difference in wage gap between black and white workers is 26.7%, and continuously widens as time passes.
Professional athletes are getting paid more than individuals that help our society in a good and helpful way. In fact, they are getting way overpaid. “Unless you’re finding a cure for cancer or creating world peace, I don't know if anybody deserves to get that much money,” said Drew Brees, quarterback for NFL team New Orleans Saints, after signing the 5 year 100$ million dollar contract. I believe that this is true, that professional athletes are indeed getting overpaid. There are many individuals that affect our society in a positive strong way and are receiving less money than professional athletes do.
Poverty as well as racial profiling which are associated with results f racism also comes out clearly in the song. He had experienced so much racism or racist related atrocities from people with influence such as police. The song is a call to change both to the oppressed and the oppressors because change is a reality. From the ‘racist mind’, Raphael Ezekiel puts clear the extent to which it can be perpetrated to the minorities. Despite the milestones made in fighting racism, there are still many areas that it still manifests itself such as hiring of ex-convicts while others segregate on the basis of skin color.
Most of those who gain significantly more wealth than they were born to are professional athletes, professional entertainers, lottery winners, and those awarded large sums from lawsuits. The higher class people have more advantages than middle class and poor class people. Special treatment is always given to those that are well known in society. In Democracy for All it states, “If one rich man has almost all the property and many poor men have none, a struggle will ensure between the landowner and the landless” (Wilson). Money can put one in a better or in a lower situation in the socioeconomic
The increase in industrial production exponential increased America’s wealth and power, however; it also experienced a large class division where the rich were very rich and the poor were very poor (Foner, 593-594). This was mainly due to the capitalistic government where the economy was based on private owned industries. Bellamy’s idea of a more socialistic economy was favored more by the lower-class as it would have allowed the government to better allocate wealth which may close the gap between the upper-class and lower-class citizens. In Bellamy’s novel Dr. Leete, explains that everyone gets the same opportunity, same wages, and same education. The government distributes everything so that the citizens all get equal chances.
Poverty has been a major issue due to various occasions but people who are in the middle and higher classes do not know the hardships these poor workers go through just so that they could have a chance to own valuables. Although America has millions of people working hard to have a roof above their heads, the status of the working poor and poverty level at this juncture seems to be a dilemma that should be taken into serious consideration which would put an end to the competition between the rich and the poor. The working poor has a major role in society but they face many problems along the way. “The Working Poor examines the "forgotten America" where "millions live in the shadow of prosperity, in the twilight between poverty and well-being." These are citizens for whom the American Dream is out of reach despite their willingness to work hard” (The Working Poor).
The debt in the U.S. is very high as of right now, according to the us debt website we are $21 trillon dollars in debt as of today. The goverment has spent lots of tax money to raze prostitution but obviously none of it has worked or even helped in the slightest. If we legalized this it could help the economy because we could start taxing that 32,000 that I mentioned earlier made by the pimps weekly instead of losing money from trying to demolish this profession. Lets take a look at Greece for a second, Greece was in very bad economic crisis and as soon as they legalized this, they were able to get out of debt and pay back the other countries. Also, the demand for this profession is very high and it will never change, so no matter how high the price goes up the demand will always remain the same.
As a matter of fact they face many of the same challenges that many middle class working families face. Economic inequality is one of the key components of why we are not gaining more ground economically than we can. Women are only receiving seventy eight cents on every dollar men receive for the same work. At the same time, money is continually being concentrated to the richest and wealthiest Americans, stymieing progress for millions of working families. What we must do -- and what I'll do as President -- is close the wage disparity between men and women!
Two thirds of the US support higher taxes on the wealthy and a higher minimum wage as ways to narrow the wealth gap. The upper class have enough money to pay as much as they tax the lower and middle class. Poor people pay more taxes so the more they pay, the poorer they get. Corporations are getting bigger
One interesting thing the author notes is the wealth inequality in the United States. Even though “1% of the population own nearly half the wealth in the country the American dream persists” (Golash-Boza, pg. 269). People still believe that if you work hard you will succeed. At first glance, it’s clear that white people have a higher percentage of home ownership than any other race.
Capstone Assignment 1. Discuss what capitalism is and how free markets work. Capitalism is an economic system based on freedom and competition. Free Markets are markets where individuals and companies are largely free to decide where, what, why and who they sell their products to. The U.S. is said to be a mixed economy.