Poverty in the U.S.
Poverty is a major variable in the lives of many people in the U.S. The median household income for families in the U.S. is $59,000 (Semega, Fontenot and Kollar)—yet 40.6 million people live in poverty in the U.S., or 12.7% of the population (Semega, Fontenot and Kollar). If poverty were a health issue it would be considered an epidemic. This paper will address the issue of poverty in the U.S. and explain how it is an injustice and how it affects higher education for young people.
Poverty is a socioeconomic issue that impacts everyone—not just the lives of families who directly suffer from it. When communities suffer from poverty, the rest of the world is impacted, too. Employers are impacted because the pool of educated individuals from which they will be able to select their talent shrinks, as most people who grow up in poverty suffer also from an achievement gap that stems from inequity in education (Balfanz and Byrnes; District of Columbia Public Schools). As a result, the larger economy suffers as well. Companies cannot grow as well as they might like because they do not have access to sufficient talent. When families grow up in poverty, the entire nation is limited, as a country is only as strong as its weakest members.
As Pogge points out, poverty is also an injustice. It is perpetuated as a part of the scheme concocted by the ruling class to separate the haves from the have-nots. The system of capitalism as it is today enables the wealthy to increase their wealth and leverage in huge amounts so as to buy up the assets of others and gain total control over industries. This plot is especially effective when interest rates are low, as they have been for a decade since the 2008 economic crisis. The ruling classes are able to perpetuate a system of inequality in this way by ensuring that the wealth of the top 1% of the country grows exorbitantly while...
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