Rising Gap Between Rich And Poor - 1714 Words

Inequality appears frequently in daily life; from children being discriminated against others in schools due to the fact that they have a low status compared to rich people, to workers not receiving the same rights, it generates a negative outcome in most scenarios. There are many people living in the world who are classified under two categories; the ones who are wealthy and are able to afford more than enough of their needs and plenty more of their wants, and the ones who are just about surviving with their basic human necessities. There are numerous factors which are a cause of rising gap between the rich and the poor, major issues being education, taxation, unemployment and being a member of minority ethnic groups. ‘The gap between rich and poor is at its highest level in most OECD countries in 30 years’. The richest 10% of the OECD population earn approximately 9.5 times more than the poorest 10%. Don’t you think that this is an enormous gap and something should be done about it? â€Å"The report says this is partly because there is a wider gap in education in the most unequal countries, which leads to a less effective workforce† (BBC, 2015). As many countries do not receive an education, this leads to people being less experienced and will also have less skills compared to those who do receive an education. Therefore companies employing people with no skills will mean that there will be less productivity and there will be inefficiency which will cause a decrease inShow MoreRelatedDisparity Between The Wealthy And Poor874 Words   |  4 Pagestreatment gradually emerging due to the rising inequality. It is no doubt that the issues which are brought by the growth ine quality should be highly-regarded by the government. To be specific, there are there main challenges for the government that is produced by increasing inequality: it hinders the development of economic, it evokes political concerns, and generates the social issue. As time goes on, widening disparity between the wealthy and poor is one of the greatest challenges, and itRead MoreIncome Inequality in the United States Essay788 Words   |  4 Pagesrichest 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 factors that influence income inequality, a few of which will be discussed in this paper. Rising income inequality is caused by differencesRead MoreThe Problem Of The City Of Miami894 Words   |  4 Pagesthroughout the city, even though it s a known fact that Miami is the city with the highest rate of poverty and income inequality. How do you address this issue? Not only that, but the people of Miami need to be aware of the fact that t he sea-level is rising and how it can cause a great impact on our city. What are you guys doing to help? Tomas Regaldo these issues need to be dealt with; there are many ways it can improve, for the sake of our city and its people. â€Å"Two in three Miami renters payRead MoreSo Much Inequality in Our World1677 Words   |  7 Pageswe can do about it because that is how things go. As we think, rich people have more power, and mostly they rule the global economy. Therefore, I want to address some issues and possible solutions to an inequality or changes that we can make, and I will be focusing on the global inequality. First, one of the reasons of growing global inequality is an international production and trade of goods. Production and trade of goods between countries has been increased enormously due to decrease in overseaRead MoreHow Income Inequality Is Hurting America1271 Words   |  6 Pagesinequality. Income inequality is the gap between how much money is made by the rich and everyone else in the nation. It also refers to the unequal distribution of wealth among people in a population. According to the Bureau of Economic Analysis, the gross domestic product (GDP) in the United States has steadily been rising, making it seem as though economic growth is stable (Inequality for All). However, it does not take into account the increasingly widening gap between the 1% and the 99% of the nation’sRead MorePublic Opinion On Income Inequality964 Words   |  4 Pagesbeen a rising problem in the United States for the past few decades. One of the main issues surrounding this years is elec tion, especially for the Democratic candidates is income inequality and how to address it. Public opinion on income inequality and the government’s role in changing it can easily shape how the election turns out this year which can make great differences to the lives of American’s for years to come. From looking at the graphs, there is a clear correlation between party allegianceRead MoreUnequal Democracy By Larry Bartle1503 Words   |  7 PagesIn â€Å"Unequal Democracy† written by Larry Bartle focuses on how politics have influenced the growing gap between the rich and poor in America. Bartle argues that the gap has resulted from policy choices dominated by partisan ideologies and interest of the wealthy, specifically under the Republican Party, while Democrats have managed to slightly decrease the gap. Bartle sheds light on how poor voters have a disadvantage in which wealthier voters are more affluent to political leaders. In addition, BartleRead MoreEconomic Inequality And Political Inequality1647 Words   |  7 PagesEconomic inequality, also known as income inequality, is the interval between the rich and the poor. Economic inequality refers to how the total wealth in the United States is distributed among people in a social class. It is needed and it is import ant but due to the major gap difference, it affects the Democratic Party and in addition, it also affects Americans because they do not understand the actual wealth distribution. It is a major issue in the United States because it affects other economicRead MoreWhat Money Can’t Buy by Michael Sandel Essay1402 Words   |  6 Pages The comparison between rich and poor people is a topic with an enormous gap. The bridge between the two is longer than most see it, and is increasing steadily. Michael Sandel wrote a book discussing his opposition to the market society in the United States. The focus of Sandel’s book lies within the title, What Money Can’t Buy. He believes that everything seems to be for sale and that we are a society that revolves around the idea of every person for themselves. Sandel also states that inequalityRead MoreThe Pros And Cons Of Raising The Minimum Wage993 Words   |  4 Pagesto be accomplished or the situation to worsen. Research shows that raising the minimum wage a reasonable amount would lessen the gap between the rich and the poor, continue to fulfill its original purpose of protecting workers and keeping the economy in a healthy state, and contain more advantages with a minute influence on employment rates. The increasing gap between the upper and lower classes has been a concern for years but is now receiving more attention because it serves as a prime argument