In the story “The Upside of Income Inequality”, Gary S. Becker and Kevin M. Murphy effectively express’s the importance and need for income inequality in our society. Furthermore, Holly Ellyatt’s newspaper article Income Inequality: Is It Good For Everyone? serves to also point out that economic success and greater productivity is linked to “income inequality”. Although it may seem extremely unfair for someone to make up to two hundred and fifty times as much money as someone else, this notion of “income inequality” actually benefits the society as a whole by encouraging others to work much harder in life and better themselves and their education.
They all make decent points towards income inequality, and inequality as a whole. Becker and Murphy believe that if a higher education will give you a higher income, although education after high school is expensive, the returns are worth it. Even though statistics prove that Becker and Murphy's theory is correct, Krugman believes that the living standards are important and shouldne be jepordized, because of an education. Paul Krugman in “Confronting Inequality” attempts to explain how bad inequality is and the things that can bring inequality to high or low levels. He gives reasons of why he and Americans should care about the increase in inequality.
The effectiveness of Chomsky’s argument is based upon his reasoning, explanation, use of historical documents and footage, and the tone development of the film. The film “Requiem for the American Dream,” is divided into 10 sub categories called principles, each supporting the claim that the concentration of wealth increases the concentration of power. Consequently, this results in an increase in the concentration of wealth, causing the process to start over again in a system
In the movie, Inequality for All, there are a lot of important facts and research about our American economy that has not been helpful for the middle class. It has been beneficial for the upper class on many different levels but it hurts the heart and soul of the American workforce which is again the middle class. Without the middle class there would be no upper class, the middle class is very essential to the American economy flowing smoothly. In this film, former United States secretary of labor Robert Reich travels across America looking for answers to what happened to our economy. Reich explains what America has been and become over the last one hundred years.
“Most employers consider their employees an important investment both to accomplish the organization’s current goals and to have the right people in place for the future” (Fenton, 2004, pg. 49). One such employee investment is tuition reimbursement, which provides financial assistance for all or some of the tuition and related expenses for coursework taken by employees (Manchester, 2010). Employers that offer tuition reimbursement programs tend to recruit a better quality employee who will remain longer with the company to take advantage of the tuition reimbursement offered. Furthermore, employers have the, additional, advantage of reaping the benefits of the improved performance and productivity of their employee from their newly acquired knowledge and skills (Cappelli, 2002). A disadvantage of tuition reimbursement is that, with the attainment of new skills, an employee may feel they have outgrown their current job, thereby increasing the prospect of the employee leaving once they have completed their coursework (Benson, Finegold, & Mohrman,
But if they raise the taxes for the upper class, it can motivate some rich people to move to another country. It also divides America. It can turn the lower class and middle class against the rich and have the rich against the poor and middle class. 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.
It gave the working class much needed support by giving them more rights than they had before (Doc C). A lot was done to keep the working class from falling into poverty and now was the time when the working men had more rights than ever before. The country’s CPI went up, meaning that Americans were able to buy more. CPI can be used as an economic indicator, it can measure inflation and can be used as an indicator of how good the government policy is. Furthermore, since the CPI went up that meant that the implementation of the New Deal and FDR’s government policy was much improved from their predecessors (Visual 1.3).
This can lead to a better job that can make people more comfortable. Third, Qin's army was well-trained, and people there had general skills. This means there was an education system in the Qin dynasty. He offered rewards to generals who fought well. To analyze, Qin standardized many things for citizens, widen the roads and had an education
The perspectives or beliefs that people have towards a certain aspect determine whether they will be successful or not. Self-help books’ authors observe that the mind of a human being plays an important role in determining the direction of life that he or she will take. According to Arkowitz and Lilienfeld (2006), self-help books’ authors have perfected the art of manipulating their readers psychologically to make them have the conviction that they can succeed in their endeavors. They insist that nothing is impossible as long as the mind is willing and set to undertake a particular action. Just as the self-help books, the beliefs that people have in the society are influential in how they approach various aspects so that they can succeed.
The performance of the education system is an issue that causes controversy in our society. Education is often mirrored by the society in which it is used, by either benefiting from a wealthy society or being compromised in a less fortunate society. Educational levels are vital to the ability of countries to have future growth. Countries that invest in education, particularly primary education, show greater rates of return on that investment and are likely to grow in the future. An example of this would be the ability of each generation to pass down the torch of education to their children and then have them attain better jobs and more culture than their elders.
The problem of income inequality is not something new, but it is something that people must worry about because it is affecting not only our wallets, but our communities as a whole. I agree on the author’s point of view about income inequality in the United States his position is very similar to another Robert Reich documentary called “Inequality for all” where he mentions all the aspects that brought United States economic system to a hold just to help a fraction of all population one of those systems was education where before the nineteen eighties it was cheaper to go to college than nowadays or the fact that workers were pay almost the same as any other for their sacrifice . Going back to the video on debate he mentions how policies changed
(Arnove, Torres, & Franz, 2012, p. 166, Kindle Edition) The perceived ROI that education brings, drives the pursuit of education and investment in educations. This same social and economic ROI drives the pragmatic aspects of education both in western and eastern
Secondly, illegal immigrants act as competition against American workers. Due to the increased level of education among immigrant workers, it is clear that Americans have to compete with them for jobs that before would have been left to the Americans. In this perspective, allowing immigrants to continue working in the U.S. creates an unfair competition for American citizens looking for
By attending college, higher job opportunities will be available for much more people. With a higher educational background, the average income of an American will grow, which permits people to be able to afford the higher prices of taxes. Overall, America should allow free four-year colleges and universities available to all citizens. The overall positive impact that free college can have on our country- such as lower debt and lesser unemployed and homeless- will allow for the United States economy to be more stable and allow for its citizens to greatly benefit
When one talks about underlying racism, if they ever talk about it, there is a consistent denial of its existence throughout American society. This ever present flaw is not a systematic issue where a person can point out the exact laws that persecute, rather, the government is a vehicle that executes the will of the people in charge of the system. Hence, I see the “13th” film as an exposition of how systematic oppression is not a system oppressing an ethnicity, but rather people using the government as a vehicle to unjustly place African-Americans in prison. Altogether I believe that this tragedy reinforces the notion that the United States will always neglect its cultural outsiders because of how devastating it is to see that “African Americans make up 6.5% of the American population but 40.2% of