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"In the 1980 the overall wealth of BRITISH society increased but poverty levels also increasd why analyse the reasons for this using theory and examples"
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The two recessions contributed to a high cost of living that impacted on the society’s poverty levels. The 1980s also witnessed the radical transformation of Britain’s economy to a more competitive, productive, and profitable state (Seabrook 2013, p.115). Despite the improvement of the overall wealth of the nation, poverty levels also increased. The economic policies of Thatcherism in Britain during the 1980s contributed to an increase in overall wealth of the society and an increase in poverty levels.
The pronouncement of Margaret Thatcher as prime minister at the end of May 1979 saw the birth Thatcherism. Thatcherism gets used to describe the beliefs of the British government under the rule of the conservatives under the leadership of Thatcher. Under Thatcherism, there was promotion of free markets, small state, and low inflation. This got achieved through privatization, tight control of money supply, and constricting labor movement (Mannin 2010, p.257). Thatcher’s government showed belief in minimal government intervention by adopting a program of economic liberalism by exercising conservative power. Thatcherism acted to weaken trade unions that could no longer ensure that wages kept up with the pace of inflation. Thatcherism also oversaw the sale of or privatization of over 50 companies. Privatization saw the state sell its assets at an undervalued price and also miss out on the opportunity to invest in the future. Privatization ensured that those who could afford to buy shares in the companies sold gain almost immediately financially. Privatization led to destroy the country’s manufacturing industry as the government ended subsidies to manufacturing companies (Mannon 2010, p.258). Privatization also assisted to boost class privilege for those who could afford to buy shares in the privatized companies. Weakening trade unions ensured that
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Unemployment is an economic problem that leads to poverty due to lack of income. Unemployment contributes to both economic and societal problems, which have negative impacts on the individuals such as depression, divorces, and lack of self-identity, among others.
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The grandmother is viewed to put many efforts in amusing the child. At the later stages, the child is seen to be developing emotionally and through perceptions made and drawing. The child’s pain and misery are conveyed by the use of lexis such as ‘rigid’, ‘mad’ among others which are typical references for the child undergoing hard times.
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Wealth and Poverty.
American life has become a mythology of success in which opportunity is buzzing around every corner ready to swarm a person if they just choose the right corner to turn. The myths go on to suggest that everyone is likely to become rich and all of the advantages of being rich are just a heartbeat away where fate will take over and catapult the individual into endless resources that will leave them glutted, happy, and content.
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The center theme of this paper is to understand the motives and objectives behind the conflict, that is, the diametrically opposing viewpoints that result in a wide variety of human behaviors and expressions. More often the central point of understanding the core issue of sociological conflict is the concept of perspective (Harvey 2005).