Inequality in Modern America - Essay Example

Comments (0) Cite this document
Summary
Course 5 March 2012 Inequality in Modern America Even though it is customarily asserted that the United States of America is dominated by middle-class sentiments and lifestyle, it is becoming increasingly clear that the nation is characterized by relatively high level of social inequality that may often lead to the erosion of the very social fabric that it is supposed to maintain…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.6% of users find it useful
Inequality in Modern America
Read TextPreview

Extract of sample "Inequality in Modern America"

Download file to see previous pages The data for the year of 2009, as presented by the U.S. Census Bureau, are particularly stark in this regard. The general results of the 2009 American Community Survey allow one to conclude that median household income experienced a sharp decline as the result of the 2008 market crash, having fallen fell by almost 3 percent between 2008 and 2009, from $51,726 to $50,221. In fact, this fall was experienced at that time for the second time, as the first such phenomenon was registered for the year of 2008 as a whole. Only in lightly populated state of North Dakota did median household income experience any kind of growth at that time (“Census Bureau Releases”). At the same time, according to the Census Bureau, 31 states experienced increases in poverty rates between 2008 and 2009. No significant decrease for any other state was registered either. In total, since December 2007, national median income had fallen down by 4 percent in 2009 in comparison with its pre-recession level. Under such situation, the deterioration of social standards was certain to ensue. The analysis of the numerical data presented by the Census Bureau enables one to understand that the income gap between the dispossessed and the affluent increased by enormous amount due to the aftershocks caused by the crisis. The data presented by the Census Bureau indicated that the inequality as evaluated on the basis of the income gap between higher and lower classes of the American society had grown tremendously in that period, reaching the highest level among the advanced market economies. The extreme poverty level, as defined by allegedly unsatisfactory official poverty rate estimates, had grown likewise in 2009, rising from 5.7 percent in 2008 to 6.3 percent in that year, which represented a staggering fact of an 11 percent increase in the number of people affected by poverty condition per annum. It may be observed that the 2009 poverty rate was the highest on the record, which is telling, as these estimates had begun as early as 1975 (“Census Finds Record Gap between Rich and Poor”). The results for the income inequality ratio between the respective groups of population were even more dismal. In 2009, the top 20 percent of the population (i.e. people with the income exceeding $100,000 a year) obtained almost 50 percent of total U.S. income. All the while, approximately 44 million people living below the poverty line took in merely 3.4 percent of national income. Therefore, in 2009, the income inequality ratio reached the mark of 14.5-to-1, which represented an increase from 13.6 in 2008 and was double as high as a historically lowest level of 7.69 that was registered in 1968 (“Census Finds Record Gap between Rich and Poor”). The situation in 2010 and 2011 followed the trend that had been formed in the preceding years. Basically, the top earners consolidated their gains for the previous times, still enjoying the accumulated effects of the early 2000s tax cuts, while the poor and middle class experienced terrible aftershocks of the 2008 Great Recession, being hit with house foreclosures, value-added tax increases and the continuing wave of layoffs. The general situation in the United States in this respect continues to be dismal, yet it is necessary to paint the more detailed picture of the state of inequality in ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Inequality in Modern America Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/sociology/1443169-stratification-oppression-inequality
(Inequality in Modern America Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/sociology/1443169-stratification-oppression-inequality.
“Inequality in Modern America Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/sociology/1443169-stratification-oppression-inequality.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Inequality in Modern America

History- Modern latin america

...colonial authorities in 1821. Stephen Austin’s settlers were then, directed to become Mexican citizens; members of the Roman Catholic Church and learn Spanish. When Mexican government condemned slavery, Texans (Americans in Austin’s colony) rebelled and were declared republic in 1839. Post colonial era witnessed major conflicts, the War of the Triple Alliance (1864–1870) and the War of the Pacific (1879–1884). Porfirio Diaz (1884-1910) tried to maintain law and order in Mexico. He helped modernize economy by boosting foreign investment; export of the natural resources and expanding railroads though majority of land and resources remained concentrated in hands of wealthy owners, resulting majority population poor. In the...
1 Pages(250 words)Assignment

History- Modern latin america

...? History- Modern Latin America Argentina has a long history of struggles in which many of them contributed by politics. Its history of politics and culture is marred by regimes which instigated fear on the common man. The military as well as civilian elected governments were responsible for this sorrowful plight of poor Argentineans. Argentina’s tryst with terror linked ruling policies came to an end after its defeat in the Falklands war with Britain. Searching for life written by Rita Arditti presents the horrifying tale of struggle between the military juntas and its resistors who were branded as enemies of the state by the then rulers. It gives a spine chilling experience about disappearance of victims and resistance organized...
2 Pages(500 words)Essay

History of Modern America

...?Insert Introduction The book, The World Split Open: How the Modern Women’s Movement Changed America is one of Ruth Rosen’s works. A feminist herself, Rosen in the book takes to review the women’s rights and freedoms movement in America, particularly starting from the 1950s. Rosen does this mainly by discussing and dissecting the manner in which institutional and structural establishments were fashioned to resonate well with patriarchal ideals, at the expense of women’s rights and freedoms, as shall be seen in the ensuing discussion. Major themes of the book The main theme in Rosen’s book is that discriminatory practices were very common against women in the pre-1960s...
5 Pages(1250 words)Book Report/Review

Modern Latin America

...? Modern Latin America Modern Latin America As the initial colonial outpost of the early-modern European world, Latin America has for a long time witnessed multifaceted procedures of cultural cross-pollination, adaptation, as well as suppression. Starting in the 15th century, millenarian Amerindian societies, heirs to the well-off local "scientific" practices surrendered to European institutions of learning, as well as to new-fangled dominant forms of symbolizing the natural world (Edwards, 2010). The colonial age in the Latin world should be considered as the region’s most influential years: the laws, norms, movements and conflicts, were...
5 Pages(1250 words)Essay

Punishment and Inequality in America

...Punishment and Inequality in America Western (2006) is addressing a very important issue which has become an ignored issue in the American society. He addresses the history of incarceration and how it has evolved over time, becoming a monster that threatens to destroy the society. However, in particular, Western is addressing the effect of the prison boom which started in the early 1960s during the time when there was increasing push for civil rights by the minorities especially the African American minorities. He argues that this boom led to a change in attitude by policy makers who shifted from addressing the problem of crime as a social issue needing the criminal to be rehabilitated, to a new attitude...
6 Pages(1500 words)Essay

Modern America

...Until the nineteenth century, America had been an isolated, agricultural society with no involvement in foreign affairs whatsoever. The beginning of the twentieth century however was a revolutionary period in American history because it was the first step towards imperialisation and modernity lead by urbanization, industrialization and involvement in world economy and politics. The new imperialism was actually a quest for new markets and raw materials which became necessary due to economic explosion resulting from the second industrial revolution. Business organisations felt compelled to find new markets for their burgeoning supply of goods and lew sources of investment for their growing supply of...
3 Pages(750 words)Essay

Educational Inequality in America

... Inequality in Less-Developed Countries" Economics of Education Review, 8, No. 2(1989). pp. 185-195. Policy, Pedagogy, and Social Inequality: Community College Student Realities in Post-Industrial America. Contributors: Penelope E. Herideen - author. Publisher: Bergin & Garvey. Place of Publication: Westport, CT. Publication Year: 1998. After the Bell: Family Background, Public Policy, and Educational Success. Contributors: Dalton Conley - editor, Karen Albright - editor. Publisher: Routledge. Place of Publication: New York. Publication Year: 2004... Educational inequality was a problem tackled by American sociologist James Coleman in a 1966 report. The Coleman report highlighted the effects of racial segregation. It also...
6 Pages(1500 words)Essay

Income Inequality in America

...Income Inequality in America Inequality in America is of great concern as President Obama commented ‘inequality is the defining challenge of our generation (Winship). Inequality has reached toxic levels in America especially after the great depression in which only a few people own wealth compared to the large population. Talented children from low-income families have a challenge of pursuing their careers through talent development. Income inequality is rising every day due to the stagnant incomes earned by the poor and the middle earners. The economy is growing at a very low rate and children in the...
4 Pages(1000 words)Essay

Modern day America

...Culture in the Colonies and Modern America Culture is simply a way of life of a group of people. Culture encompasses the behaviors and the beliefs of a group of people. To a larger extent, the beliefs, are shared and accepted by the people without questioning and arguing. In addition, culture involves the values and symbols accepted by the group without much thinking about them. All the values, beliefs and behaviors of the group of people get passed to other generations through communication and imitation. The young people learn from the way the old conduct various activities in the community (Abbott, 1860). Therefore, the culture of any community in any part of the world is superior regarding the operations of people. It should... be...
7 Pages(1750 words)Essay

Income inequality in America

...Income inequality in America Income inequality is the unfair distribution of wealth and economic resources between various groups of people, different societies, or individuals within a state. Equity is equality, and where equity fails, inequality must stand. The wide gap between the poor and the rich is brought up by inequality in wealth distribution, life opportunities, and exploitation of resources by the rich at the expense of the poor, corruption among other reasons. Where income inequality is high, there is a slow economic growth of such a country. Income inequality is not necessary to be within a state. It can...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Inequality in Modern America for FREE!

Contact Us