Reading Barbara Ehrenreich interview was very interesting and made me actually think about how others feel or how others are living, who appears to be joyful and look like their living good. I agree with just about everything Ehrenreich said. As far as well established businesses that make a plethora amount of money but only pay their employees minimum wage. I personally can't relate to her interview, unfortunately i know a few people who can. Growing up i had a really close friend who parents were a waiter at The Cheese cake factory and her mother was a maid at the Embassy suite hotel. Being so young with not so much knowledge i always thought her mother and father made so much money due to them working at top notch businesses until i went…
Due to these low paying jobs people are forced to live in cheap hotels or even their car, because they can't afford enough to live. Managers are given more for doing less than someone who is running around and working for hours which are seemed to be unfair to many in a busy workplace. Politizane’s, Wealth Inequality in America argues that the gap of how who is rich, poor and middle class is very uneven in America. In the video they give an example that 4% of the nation's money goes to the 1% of people who happen to be known as rich. I agree with all the following argument due to all of the opportunities given by Canada or America placed unfairly. I strongly agree with Barbara Ehrenreich's piece of Serving in Florida. In the community of Rochester minimum wage is set at $7.75, with a full time job at the end of the year an individual with minimum wage of about 15,080. A car may cost 10,000 and a house is much more. I agree with the fact of people making minimum wage do not have enough to live but I disagree with the fact that they do more than people who are doing other work. In Rochester, Mayo Clinic and IBM happen to be the biggest…
In the essay “The Case Against Perfection” author Michael J. Sandel states that with the recent genetic breakthroughs our society is now faced with both a “promise and a predicament” (p.1.) This knowledge will know allow us to further treat and cure a wash of crippling diseases. Nevertheless, despite this miraculous breakthrough this discovery also open what seems to be a Pandora’s Box filled with concerns for moral prevalence, malpractice, and even perhaps the loss of free will to offspring. All of which leaves the users or perspective wielders of such power with a case of what Michael Sandel describes simply as a case of “moral vertigo” (p. 1.) Just like the original Pandora’s Box however, Sandel reveals…
After reading, “ Why Money doesn’t buy happiness,” of Sharon Begley, I have read another essay similar to this one in high school before. This question has been asked for years, everyone has different answers for it, “Does money buy happiness?”- By the author, the economy where people try to get as much as for what they sell as they can, when where people try to pay as little as they can for things they want to buy, the more they can earn/save money, the more contentment they have. The main purpose of this essay is to convince people that not the more money you have, the happier you must be, there are a lot of unhappy rich folks out there are depressed and suicide everyday, but it does give you more choices, which mean money bring you more…
To help prove this essay’s argument, it is first important to understand how it came to be that athletes have gained their large salaries. Malcom Gladwell, an author and journalist, explained on CNN Money how star baseball players gained the influence to…
The biggest issue the public has with the wage gap is they believe it is an effect of discrimination. The followers believe that the wage gap is because of discrimination in the labor market, discrimination in pre-labor market preparation, and the constrained decisions men and women make about work and home issues. Women say they face a degree of sex segregation when in the labor market, in jobs where the majority of the workers are men. This shows these women do not just have a problem with how much they are paid or how many hours they work, but also how they are treated while at work in male dominated…
For example, it is considered as a women profession being maids, secretaries, nurses or teachers meanwhile, it is considered as man profession being managers, lawyers, engineers or professors. This creates the idea that women are not able to do a “man job”, we talk specifically about women due to it is where we mostly see the occupational segregation. Even though, the rate of women taking “man” jobs has increased, there exists another problem: the pay gap between men and women. As we talk before, socialization plays a key factor in this issue. Usually women are paid less for the same job that men do because of their gender. As a patriarchal society, women are considered less important than men, even if they have the same educative level as men. After 1980, the wage rate between men and women started to equalize; however, in the 2000’s women are still earning just 76% of what man do. Why have women been paying less than men when they have the same abilities? Some of the reasons are “the idea that women should be modest while men should promote themselves, women may negotiate less strongly for pay”, “women are concentrated in lower-paying occupations”, “employers often do this out of a biased perception that whatever is done by women must be easier and not as important or the company” (The Sociology Project 2.0), even if there exist some laws that protect women against…
In the Documentary Inequality for All, scholar Robert Reich dissects the staggering facts on an unequal distribution of wealth between classes and its shattering effects on the American economy. He focuses on the fact that our middle class, which makes up 70% of our economy, is being kept on a tight leash from the wealthy that only make up the miniscule 1% of society, making the same amount of income as half of the country. He begins explaining how In the late 1970s inequality became a prominent issue, not necessarily on a declining economy, in contrast he clarifies that the GDP (gross domestic product) kept on increasing. The problem arises from the unparalleled income of the American workforce compared to the increasing prices of health care, housing, college and everyday costs of living. As expenditures increased for American households so should of workers wages, but instead many dropped or remained the same throughout the economic boom and even until now in our current date. This “huge gap” as Reich describes, between wages and rising economy became a problematic concern to all Americans constituting the middle class.…
Unequal pay is something that has been an issue in America for a very long time. Gender has been one of the main culprits that played a factor in the wage gap between men and women, but race may have a role as well. The wage gap is expressed as a percentage (e.g., in 2013, women earned 78.3% as much as men aged 16 and over) and is calculated by dividing the median annual earnings for women by the median annual earnings for men. (“The Wage Gap”)…
My mother has spent the last 35 years getting her PhD in education and what does she get for it? She gets every parent in our parish mad at her because “she closed the school down” but really the parish couldn’t afford to stay afloat so they merged with the other local school. Then at the new school she works at what does she get. She gets loads of threats, lawsuits and alleged terrorist acts to deal with. All of this on a regular basis and she gets paid an average of $65,000 annually. The most upsetting part to me is not that the congressmen get paid more as Moore was bashing but I hate that professional baseball players get paid more. Why, all I need is one good reason, should we pay more to people whom didn’t go to school because all they wanted to do was hit a ball and run a diamond then those who are teaching the youth, also known as the future of our…
Inequality exists around us. One of the inequalities is the income received by a person or member of a family. Income inequality refers to the various incomes within a given population. This income includes wages, salaries, pensions, and interest derived from the assets. The economy nowadays is very dynamic and is constantly growing, but the top is absorbing the biggest portion of the growth. As Arthur Okun once said: “Inequality is the price America pays for a dynamic, efficient economy; we may not like it, but the alternatives are worse. As long as the bottom and the middle are moving up, there is no reason to mind if the top is moving up faster, except perhaps for an ideological grudge against the rich—what conservatives call the politics…
Wouldn’t it be great to make over $100,000,000 a year? Michael Vick and other sports stars think so. But is that really a reasonable amount to be paying someone? These contracts are absolutely unequivocally unreasonable in comparison to the salaries of regular working people who contribute to our society more than an athlete ever will. Teachers are the most important part of our economies future as they are preparing our youth to step out and take on the world. These teachers are the backbone of our future society and yet our government does not give them enough money. Mihir Bhagat says, “the most important man in our nation, the president, who makes critical decisions that affect the entire world every day, only makes $400,000 a year. While President Obama is hard at work reviving the economy, the unproven rookie in the MLB is earning way over that figure.”…
First and foremost, let us take a look at the blessed few that constitute the .01%, .1% or even the 1% in American society. The majority of these individuals are the top corporate officials of multi-national, multi-billion dollar companies, such as General Motors, General Electric, MasterCard, Bank of America, American Express, and International Business Machines to name a few. During the last several decades, executive compensation has reached scandalous levels at certain corporations. Originally, during the 1950s and 1960s, the pay of top executives remained steady with an increase of less than 1% annually, according to economists at the Massachusetts Institute of Technology. However, over the next three decades, the earnings of the top 1% increased threefold (Inequality). According to a study done by the Congressional Budget Office, “after adjusting for inflation, the after-tax income of the top 1% jumped 139% from 1979 to 2001, whereas the income of the middle fifth rose by just 17%, to $43,700, and the income of the poorest fifth rose…
Income inequality in the United States is the highest it has ever been since 1928, and when compared to most other developed countries the U.S. is more unequal in its monetary aspects (Desilver, 2014). To understand this statement it must first be addressed about what income inequality means. Income inequality is the unequal distribution of income whether it be through the number of jobs available or the wage in which a person earns for doing a certain job. This unequal distribution is important because over the years the gap between the wealthy and the poor has continued to grow. The continuous growth in the gap effects many things not only the economy and that is why the government should put into effect policies…
By analysing the income, education and occupation, we can reach much more dependable outcomes of the disparity in wealth. Because these three factors are the key elements of this disparity and these elements lead to the source of the inequality of wealth. Lori Ann Campbell and Robert L. Kaufman pointed out that the outcomes of wealth inequality between Blacks and Whites is much more acute than any other economical outcomes in the society that can not be explained by the key determinants of Black and White’s that are education,occupation and income. (Campbell and Kaufman, 2006). The difference in earnings because of the racial stratification between Blacks and Whites are someting that very important for the disposition of American society. Whites annually earn 80 percent higher than their Black counterparts and also their hourly wages are almost 48 percent higher than Blacks. (Dodoo and Takyi, 2002). These numbers are clearly show that wage is the most crucial factor for the wealth of a person.…