This website uses cookies to ensure you have the best experience. Learn more

The Consequences Of Income Inequality Essay

633 words - 3 pages

The social construction of deviance is exemplified by the fact that homophobia has replaced homosexuality as deviant. By “social construction of deviance,” we understand deviance to be the outcome of different groups in society defining and labeling what is deviant. For example, until recently, religion, medicine, and government defined homosexuality as a sin, a sickness, and a crime. In the 1970s, psychologists removed homosexuality from the list of mental disorders after new research showed that gays and lesbians were just as healthy and unhealthy as straight people. Over several decades, governments decriminalized homosexuality based on new medical definitions and legal cases as a result of the gay rights movement getting people to understand that gay people should be considered and treated like normal people. While some religions still label homosexuality a sin, others have changed their view of homosexuality and some even ...view middle of the document...

S. over the last 30 years has been one of increasing inequality. The share of total income of the top 1% rose from 8% in 1974 to 18% in 2007, and from 9% to 23.5% if capital gains and income from investments are included. For the richest .1%, it went from 2.7% to 12.3%. And for the top .01%, from less than 1% to 6%. Between 1980 and 2006, median annual earnings of workers between age 25-34with a bachelor’s degree or higher increased just 2.27%, or .1% a year. For those with some college education, it fell by 14.5%. And those with high school diploma or less, it fell 15.3%. (Head 2014). The Great Recession only intensified this. The rise in median household income during the period was due to increased levels of employment of married women. And even though productivity has been increasing, meaning profits for corporations, total employee compensation did not grow at the same rates (Wright & Rogers 2011). Inequality is growing and wealth is concentrating at the highest levels of the class ladder.
The consequences of income inequality for society are many. “Pickett and Wilkinson examine post-industrial market societies and find that as inequality increases, societies see a decrease in life expectancy, math and literacy scores, social trust and social mobility, while seeing an increase in infant mortality, homicide, imprisonment, teenage births, obesity, and mental illness, including drug and alcohol addiction” (2011). When they run the same tests on the 50 states in the US, they find the same patterns, more inequality means more negative and less positive outcomes. Besides the negative social effects on health and education, the correlation with decreasing social mobility trust are notable. The U.S. prides itself on being a place where someone can work hard then succeed, where someone can move up the class ladder by going to school and working hard. But with increasing inequality, education suffers and people are becoming locked into the classes they were born in. This destroys our cultural understanding of ourselves. People also come to distrust each other, meaning the social capital of the society is falling apart, and people are not tied to each other in a way that makes community possible.

Find Another Essay On The Consequences of Income Inequality

The Income Inequality Debate Essay

1391 words - 6 pages ENG.215First DraftChu tian wuThe income inequality debateHumans had lived in an egalitarian society for 10000 years before we lived in an inequality society, as the article " Our Egalitarian Eden "by Pennisi said. People all desire to live in an equal society because the concept of egalitarianism is printed in our genes. However, after human live in inequality society, our civilization still keeps developing and invents a lot of techniques to

Wilkinson’s Theory of Income Inequality Essay

2513 words - 10 pages this inequality affect us and affect us in the terms of health disparity? This is what Wilkinson tries to understand with his theory of income inequality, and thereby hopes to give an explanation to why health differences occur (Rowlingson, 2011). This says that ‘it is not the richest countries that have the greatest health, but it is the most egalitarian societies that are healthier and have a smaller disparity in health’ (Wilkinson, 1996). In

The effect of income inequality on economic growth

1479 words - 6 pages become the secret to growth. However, education is hardly accessible to everyone unless a society has a relatively even income distribution 2.Literature The issue I chose to deal with is quite controversial heaving in mind the different opinions of the economist in terms of the effect of the inequality on the economic growth. There have been plentiful arguments on all sides; that inequality does weaken economic growth, that inequality actually

An Overview of Income Inequality in the United States

2267 words - 9 pages A Brief OverviewOf Income InequalityIn the United StatesI. IntroductionIncome distribution has been critical issue in American society; more and more reports show that the inequality of income has dramatically increased in the last few decades, while the United States' Western European Counterparts are reportedly equal in terms of income distribution.1 When comparing the United States to European countries, America lags behind in terms of income

Consequences of Inequality and the Ways in Which are Reproduced

681 words - 3 pages Inequality focuses upon the way that resources are distributed across the whole society. In this distribution there are significant differences for children who come from varying social backgrounds. The study of such differences or inequalities has become one of the main concerns of sociological research in education. Sociologists have also paid attention to the consequences of inequality, and the ways in which inequalities are reproduced and

Empirical Analysis of Factors Affecting Income Inequality

1489 words - 6 pages This paper empirically analyses the factors affecting income inequality in 15 developed and developing economies over the period of 1996 to 2010. Evidence from a panel dataset using an OLS regression confirms the presence of the Kuznets’ inverted-U hypothesis for developed economies, indicating that there is a negative relationship between income per capita and income inequality. The relationship between the growth rate and income inequality, is

Income Inequality in the United States

3442 words - 14 pages coefficient varies between 0 and 100; while 0 represents complete equality (income is distributed equally among all the population of the country), 100 represents complete inequality (only one person receives all the country’s income, while the rest of the population receives nothing). According to the Census of Bureau, the official Gini coefficient in the U.S. was 46.9 in 2010. This is way higher than the all-time low coefficient of 38.6 set in

Income Inequality in the United States

1043 words - 5 pages The highest earning fifth of U.S. families earned 59.1% of all income, while the richest earned 88.9% of all wealth. A big gap between the rich and poor is often associated with low social mobility, which contradicts the American ideal of equal opportunity. Levels of income inequality are higher than they have been in almost a century, the top one percent has a share of the national income of over 20 percent (Wilhelm). There are a variety of

Income Inequality in the US is Growing

623 words - 3 pages Stiglitz explains the high level of inequality due to the fact that the top US income earners captured a majority of the income growth, widening the gap between them and the low-income earners. This income can be explained through the Heckscher-Ohlin model. The trade between US and poorer global economies causes more of a specialization in what the US is relatively endowed in, capital or skilled workers. This increases the production in capital

The Government's Role In Income Inequality

784 words - 4 pages Income inequality has been a growing problem and is currently at its highest since 1928. Based on statistics, more jobs have wanted people with a college degree more than a person with a high school diploma. A worker with a college degree earns at least 80 percent more than a worker with a high school diploma. This factor has been increasing income inequality along with the changes of family structure. The income of a two-parent family is twice

Income Inequality and The Civil Rights Movement

1099 words - 5 pages Introduction The issue of income inequality is a crucial piece of your upcoming re-election campaign this fall. Similarly to the Civil Rights Movement and the War on Poverty in the 1960s, a high level of inequality can hamper social cooperation, encourage intra-elite competition, and ultimately during wartime, as illustrated in the Vietnam War, can further exasperate the American people’s frustrations with income inequality. Social Cooperation

Similar Essays

The Problems Of Income Inequality Essay

1358 words - 6 pages , and thus the problem of income inequality. Numbers of these people live from paycheck to paycheck, barely getting by, not because they manage their money poorly, but because the value of their time at work is negligible (Chapter 2 Economic Inequality). Some may even sacrifice happiness at work to find a job that pays better simply because they cannot make ends meet at their current job. Some people sacrifice their sanity and eventually their

Causes Of Income Inequality Essay

1988 words - 8 pages 1. Introduction In the last few decades, many countries have achieved high rate of economic growth in their development process, which could be explained by the development of industrialization and globalization processes (Jaumotte, Lall & Papageorgiou 2013). However, beside the economic achievement, it is witnessed that the issue of income inequality has persisted, or even increased (IMF 2014). If looking through the World Bank’s statistical

The Income Inequality Gap Essay

1383 words - 6 pages Recently, studies have shown that income inequality has many connections that have caused the gap in the United States. According to the research I found, income inequality is connected to corruption, trade, wages of workers, and education. The world income inequality had declined since the twentieth century according to the studies found (Clark). Corruption falls increasing on low income individuals more than higher income individuals

The Income Inequality Debate Essay

1183 words - 5 pages ENG.215Final DraftChu Tian WuThe Income Inequality DebateHumans had lived in an egalitarian society for 10000 years before we lived in an equal society, as the article " Our Egalitarian Eden "by Pennisi (2014) said. People all desire to live in unequal society because the concept of egalitarianism is printed in our genes. However, after humankind live in unequal society, our civilization still keeps developing and invents a lot of techniques to