Punishing the Poor places an emphasis on the way in which mass incarceration is a neoliberal creation meant to oppress the lower class. Two very important systems that Wacquant highlights and focuses on are the social welfare system and the penal system. The social welfare system‚ which is geared more towards women‚ provides assistance with food‚ housing etc. The penal system is found to be geared more towards men‚ incarcerating them at very high rates compared to before the civil rights movement
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Vulnerable Population: The Poor “A vulnerable population is a group or groups that are more likely to develop health- related problems‚ have more difficulty accessing health care to address those health problems‚ and are more likely to experience a poor outcome or shorter life span because of those health conditions.” (Maurer & Smith‚2009‚ pp. 533) Poverty is linked with marked deprivation of well-being of an individual due to inability to meet basic needs. It could be due to lack of income or
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Myths: 1. People are poor because they are lazy. Of poor people‚ 16 years and older 12% work full time year round‚ and another 25% work part time. 2. Most poor people are minorities. Almost 43% of people living in poverty are white. In proportions however‚ African Americans and Latinos are much more likely to be poor than Asian Americans and whites. 3. Most poor people live in inner cities. 33% of the poor live in inner cities‚ but the rest live in urban areas‚ the suburbs‚ small towns
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DISCUSSION: Poor Forever (Bloomberg Businessweek‚ July 9‚ 2012‚ p. 50) and The End of Upward Mobility (see Newsweek‚ 1/26/2009‚ p. 64). 1) Why do you think America’s middle class is slowly dwindling? Once upon a time the United States had the largest and most vibrant middle class in the history of the world. The rest of the globe looked at America in envy and wondered what they were doing right. But now everything seems to be going wrong for the middle class. Millions of their jobs
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Cost Benefit Analysis What is cost benefit analysis? Cost benefit analysis (COBA) is a technique for assessing the monetary social costs and benefits of a capital investment project over a given time period. The principles of cost-benefit analysis (CBA) are simple: 1. Appraisal of a project: It is an economic technique for project appraisal‚ widely used in business as well as government spending projects (for example should a business invest in a new information system) 2. Incorporates
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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Chapter 8 The Cost of Capital 236 CHAPTER 8—THE COST OF CAPITAL TRUE/FALSE 1. Capital refers to items on the right-hand side of a firm’s balance sheet. 2. The component costs of capital are market-determined variables in as much as they are based on investors’ required returns. 3. The cost of debt is equal to one minus the marginal tax rate multiplied by the coupon rate on outstanding debt. 4. The cost of issuing preferred stock by a corporation must be adjusted to an after-tax
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Cost of Capital Definition: cost of capital is the rate of return that a company must earn on its project investments to maintain its market value and attract funds. The cost of capital to a company is the minimum rate of return that is must earn on its investments in order to satisfy the various categories of investors‚ who have made investments in the form of shares ‚ debentures and loans. The cost of capital in operational terms refers to the discount rate that would be used in determining the
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with three children (2004). This definition creates a rigid line forming two populations in the United States: those who fall under the line are poor and those above the line are not poor. David K. Shipler highlights the shortcomings of such a definition in The Working Poor: Invisible in America. As the title suggests‚ there is a needy population often overlooked by public assistance‚ job training programs‚ charity organizations‚ and the greater population as a whole. This refers to those who linger
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