Economic Inequality Essays (Examples)

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Economic inequality occurs when there is a gap in the economic well beings of a group of individuals in a given country. In the Arab world, the economic inequality is one of the major factors that leads to the political violence because a discontent generated from a gap has been the major determinant of violent behavior. Typically, income inequality has a strong correlation with mass violence, and the higher the level of income inequality, the higher the probability of mass violence and political revolution. In 2010, a 26-year-old grocery vendor set himself ablaze in Tunisia because the police confiscated his goods. The event took place in a depressed area of Tunisia where the youth unemployment was more than 40%. The uprising occurred on the following day making a large proportion of the population to protest violently. The issue had the traits of a revolution with the aim of obtaining greater….

Social Economic Inequality
PAGES 6 WORDS 1955

Social Economic Inequality
hen people think of social inequity, they generally frame this in terms of socio-economic class. People who have accumulated much wealth occupy the top echelons of society and enjoy the most privileges as brought on by their money and social status. On the other end, people who are poor have little or no access to these privileges and are often marginalized in terms of education and social services.

However, there are many forms of social inequity and stratification. In the United States, for example, much of social interaction is mitigated by gender and race. For example, statistics show that a wage gap exists between the genders. Despite pay equity laws and a growing awareness of gender discrimination and women's rights, salary disparities continue to exist between men and women across a broad range of occupations.

This paper argues that socio-economic inequality is caused by many non-economic factors, such as stratification….

Locke’s Private Property Theory Cannot Justify the Economic Inequality We Observe Today Introduction
In 2015, more than 1 percent of families living in the United States generated over 25 times what other families of the remaining 99 percent generated (Kluegel & Smith, 2017). This discovery is being realized as the rich keep getting richer while the poor become even poorer, as observed in the US.
Locke starts by explaining his theory of private property by determining how people start to possess property apart from the ordinary resources offered to humankind. The key feature that defines a given part of private property is called labor, as the person who operates the “labor that eliminates [the good] from the common natural condition that it was left in” gives him ownership of the property (Locke, 2002; 30). Locke asserts that the common natural resources are available to every individual, but one takes ownership of a specific….

Racial and economic inequality persists. Why do many people deny it?The main social problem discussed in the article is economic inequality and why most people prefer to ignore that it exists (Sumagaysay & Berman, Jan. 26, 2022). If a person does not acknowledge something, it does not take up space in their minds, and they can lead their life as they prefer. Most white Americans have continuously ignored the existence of economic and racial inequality, and they prefer to assume that the reason for these inequalities is that black people are lazy. Using such perspectives, they can easily ignore the glaring economic inequality within society. A sociological perspective is presented by demonstrating how people do not mix with others from different backgrounds. Segregation begins in school, where K-12 schools are divided along racial and economic lines (Sumagaysay & Berman, Jan. 26, 2022). Colleges are segregated along the same lines, and….

Furthermore, the best means by which to achieve upward social mobility for many people has been strong labor movements and corresponding labor laws that protect the interest of workers. Raising minimum wages, expanding opportunities for advancement, and reducing burdens on the poor are some of the ways income disparity can be minimized. These are policies and programs that have been systematically stifled in the United States, especially over the past several decades as conservatives have gained a stranglehold on policymakers and lobbyists in ashington. As Foner points out, too, New Deal policies proved effective in alleviating some of the root causes of poverty. Such forward-thinking programs and policies need to be implemented now, to curb the spread of income disparity.
There are other issues that need to be addressed, too, though. Marsh is coming from a Euro-centric perspective that denies the relevance of other models of education or curricula. He….

Economic Inequalities: Deep-ceded Problems in America
New York is a city that is synonymous with America to many people and societies around the world. New York city is a land of freedom and opportunity, symbolized by Lady Liberty in New York harbor. This is a place that does not discriminate based on background, but allows people to chart their own destinies. Or does it? The New York of the 1960s or even the 1990s does not exist anymore. Economic inequality has run rampant in New York as it has in many metropolitan cities. Bill Moyers, economist reported that “Among our largest, richest 20 metro areas, less than 50 percent of the homes are affordable.’ In New York City, he said, ‘Inequality in housing has reached Dickensian dimensions’” (Winship).  This paper will explore how the economic inequality is undermining the very democratic principles that shaped this country. When there’s too much economic….

Technology and Economic InequalityEconomic inequality refers to the unequal distribution of income and opportunity between different groups in society. Technology and the Internet have played big roles in influencing this disparity. On the one hand, technology has the potential to decrease economic inequality by providing access to information, education, and job opportunities. The Internet has democratized access to information, breaking down barriers that previously limited access for certain groups. For example, online education platforms offer courses from top universities, making high-quality education more accessible. Additionally, the gig economy, which is facilitated by the internet, provides flexible job opportunities, which can be particularly beneficial for marginalized groups. Thus, if one has access to the Internet one can be ones own boss, and so on.However, technology has also contributed to increasing economic inequality. The digital divide is a problem as those who do not have access to Internet get left behind. People….

Unfortunately most growth oriented economic policies such as "supply-side" economic policies tend to exacerbate inequality. A greater role of the government in the economy such as increased taxation on the rich can reduce inequality. Inflation and unemployment are usually inversely proportional in most economies, i.e., increase of money supply through deficit financing reduces unemployment but increases inflation while tight monetary policies reduce inflation but increase unemployment. According to a number of analysts, a major cause of terrorism in the world is an acute sense of deprivation among a large section of the population. Economic measures can, arguably prove more effective in rooting out terrorism than military action.
Part C-Theory

What, How and for Whom to Produce:

In 'free market economies' decentralized decision making by individuals and firms based on consumers' desires (which determine the price of goods) and the profit motive determine what goods are produced and in what quantities. For example,….


It is also argued that the insurance mandate is not constitutional since the government does not have the right to tell the United States citizens what products to purchase, even when these products are beneficial for them, and even less when the socio-economic impact of purchasing the respective items is questionable (Savage, 2009).

Arguments against changing the direction of the policy

Once again delaying any measures to restructure and resolve the two impending problems in the health care system (raising costs and insufficient coverage) does not constitute a constructive approach to resolving the impending problems

Aside the socio-economic problems it raises, the mandatory health insurance would ensure that all the U.S. citizens benefit at least from the basic health care services and this does not put tremendous strains on the federal budgets.

5. ationale of the suggestion to change the direction

Despite the benefits the mandatory health insurance would generate for the population, its implementation….

nytimes.com/2006/05/02/books/02bett.html [26 Apr 2013]]
The main criticism levied against Kinzer's work is the question: where was the American public during these escapades? After all, if America is a democracy, do they not have responsibility for their leaders' actions? Sadly, they cheered their leaders on, or ignored what was being done in the name of their nation. "Only briefly does Kinzer touch upon the U.S. citizens who questioned government tactics in foreign land… Unfortunately, leaders - describing their motivation as benevolence and a desire to liberate the oppressed - have learned how to win popular support for even the most outrageous regime change, and U.S. citizens repeatedly fall for the bait."[footnoteRef:12] [12: Susan Froetschel, "Overthrow: America's Century of Regime Change from Hawaii to Iraq," [Review], Yale Global Online, 2006. http://yaleglobal.yale.edu/about/overthrow.jsp [26 Apr 2013]]

ibliography

etts, Richard K. "A century of intervention, regarded with a cold eye." The New York Times.

2 May 2006. http://www.nytimes.com/2006/05/02/books/02bett.html [26….

Economic Crisis
PAGES 8 WORDS 2582

Economic Crisis
The revelation of the financial crisis that unfolded in United States in 2008 is considered to be the worst economic crisis since the Great Depression, 1929. The distinctive causative factors that have contributed to the U.S. economic crisis 2008- 2009 are differentiated by aggravated financial control, higher risks in capital investment, the housing bubble phenomena in relation to the brisk credit expansion. The aggregation of these factors in the U.S. economy directed the economy towards the de- leverage and credit crunches as the bubble burst. The following paper shall be discussing about the degree of correlation between the tax implications policies with respect to the financial crisis in U.S.. The precise review of strong linkages between the taxation and economic crises is the explicit explanation of the crisis that shook America. The paper also highlights the key factors that demonstrated their abilities and rescued U.S. In the economic crisis.

Introduction

The….

Economic Depression of Europe
An economic depression is more severe than a recession due to the fact that a depression involves drastic decline in a national or international economy, characterized by decreasing business activity, falling prices, and high levels of unemployment.

There were economic depressions in Europe that were experienced before and after the 1870 but with a remarkable difference, being that those that were experienced before the 1870s were less costly in terms of life and resources and took relatively lesser period. Indeed it was a commonplace that every part of Europe experienced one sort of economic depression or the other.

One such economic situation before 1870 was the "little ice age" which began in the late 16th century till around 1950s as indicated by Big Site of History (2011). This was a time when a severe cold that could not be withstood by most crops set in most part of Europe.….

That is, international financial organizations, such as the World Bank and the International Monetary Fund and which controlled by core states, decide that, in order to grant financial aid to undeveloped countries, these states should comply with some rules that are, in the end, in the detriment of their own economy. For example, Africa pays more to the IMF and World Bank, than it collects in credit from them, and this leads to low living standards, poor education and health systems and undeveloped infrastructure.
Besides financial institutions, transnational corporations have a saying in the economic development of a country. Although one might be tempted to say that a corporation, by creating a branch in an undeveloped country gives that economy a boom, it is actually all about personal gain.

Working in a corporation might be considered the best thing that could happen to a person, on a professional scale. You have….

ealth does not equate to happiness, a sense of purpose, dignity or respect. One of the key underlying assumptions of neoliberal philosophy, as derived from Milton Friedman, is that financial wealth is the ideal end goal of all activity. hile financial wealth solves many problems it does not solve all problems. Opponents of globalization, whatever their other arguments, incorporate this understanding into their protestations.
Naomi Klein goes further, suggesting that the unequal wealth distribution in the globalized economy is deliberate. The march towards globalization is not an altruistic endeavor borne of a firm belief in the power of the free market, but is a calculated strategy on the part of the world's elite to seize the world's wealth and power at whatever expense is necessary. Indeed, any economic benefits realized by the masses are incidental. Casualties -- be they citizens of Iraq, indigenous peoples or indeed any of the world's….

Economics Country Analysis
PAGES 10 WORDS 3685

Economics - Country Analysis
Country Overview and Current Events (News)

Ethiopia, traditionally known as Abyssinia, is a landlocked Sub-Saharan country located at the Horn of Africa in East Africa, bordering Somalia, Kenya, Eritrea, Djibouti, Sudan, and the newly-created South Sudan. It covers approximately 1,126,829km2 of land; about the size of the state of Texas, and was, until the split of Sudan, the second-largest country in Africa. Being landlocked, Ethiopia largely relies on the port of Djibouti, to which it is connected by both rail and road. Economic elements such as this, together with the country's history, population, geography and economic performance have been explored in the subsequent sections of this text.

Population: the U.S. Census Bureau, in June 2013, estimated Ethiopia's population to be 93,877,025; a figure that makes the country the second-most populous in Africa, after Nigeria (orld Bank, Index Mundi). Ethiopia's population has been on a steady increase and so has….

Yes, there are several news topics related to adversity that would make for a compelling essay subject. Here are a few examples:

1. The COVID-19 pandemic: You can explore how people worldwide faced numerous adversities due to the pandemic, such as health challenges, economic struggles, mental health issues, and social isolation. You can discuss stories of resilience, innovative solutions, community support, and lessons learned.

2. Climate change and natural disasters: Write about the adversity faced by communities affected by natural disasters like hurricanes, floods, wildfires, or droughts. Discuss the challenges of rebuilding lives, adapting to new circumstances, and finding sustainable solutions to....

Topic 1: The Root Causes of the Opioid Epidemic

Examine the complex interplay of factors contributing to the opioid epidemic, including the role of prescription practices, socioeconomic inequality, and the influence of pharmaceutical companies.

Topic 2: The Socioeconomic Impact of the Opioid Epidemic

Analyze the devastating consequences of the opioid epidemic on communities, including increased crime rates, poverty, and the strain on social services.

Topic 3: The Role of Prescription Practices in Fueling the Epidemic

Investigate the role of doctors, pharmacists, and the healthcare system in the overprescription of opioids and its impact on the epidemic.

Topic 4: The Failure of Law Enforcement....

Yes, there are several recent news stories related to investigations on theft that could make for interesting essay subjects. Some potential topics include:

1. The rise of retail theft during the COVID-19 pandemic and the challenges faced by law enforcement in addressing this issue.
2. The use of technology, such as surveillance cameras and facial recognition software, in the investigation of theft cases.
3. The impact of organized crime networks on the theft of high-value items, such as jewelry or electronics.
4. The ethical implications of using sting operations and undercover agents in theft investigations.
5. The role of social media and online marketplaces in....

Title: Navigating the Crossroads of Authority: Exploring the Legitimacy and Limits of Power in Political Theory

Introduction:
At the crux of political theory lies the intricate interplay between authority and power, a dynamic relationship that has sparked debates and shaped paradigms for centuries. This essay delves into the multifaceted concept of legitimacy, interrogating the foundations of authority and the boundaries of power. Through a comprehensive analysis of historical and contemporary perspectives, we will explore the challenges and complexities of legitimizing power, the tensions between various sources of authority, and the implications for political practice and social justice.

1. The Sources and Foundations of....

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4 Pages
Essay

Economics - Macroeconomics

Economic Inequality and Austerity Motivator for Revolution

Words: 1289
Length: 4 Pages
Type: Essay

Economic inequality occurs when there is a gap in the economic well beings of a group of individuals in a given country. In the Arab world, the economic inequality…

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6 Pages
Term Paper

Healthcare

Social Economic Inequality

Words: 1955
Length: 6 Pages
Type: Term Paper

Social Economic Inequality hen people think of social inequity, they generally frame this in terms of socio-economic class. People who have accumulated much wealth occupy the top echelons of society…

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6 Pages
Essay

Economics

The Economic Inequality of Today

Words: 1846
Length: 6 Pages
Type: Essay

Locke’s Private Property Theory Cannot Justify the Economic Inequality We Observe Today Introduction In 2015, more than 1 percent of families living in the United States generated over 25 times what…

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2 Pages
Article Review

Sociology

Prevalence of Economic Inequality in America

Words: 661
Length: 2 Pages
Type: Article Review

Racial and economic inequality persists. Why do many people deny it?The main social problem discussed in the article is economic inequality and why most people prefer to ignore that…

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2 Pages
Term Paper

Teaching

Education and Economic Inequality Are

Words: 676
Length: 2 Pages
Type: Term Paper

Furthermore, the best means by which to achieve upward social mobility for many people has been strong labor movements and corresponding labor laws that protect the interest of…

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4 Pages

Economic Inequalities Essay

Words: 1365
Length: 4 Pages
Type:

Economic Inequalities: Deep-ceded Problems in America New York is a city that is synonymous with America to many people and societies around the world. New York city is a land…

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1 Pages
Essay

Internet

Internet and Economic Inequality in the World

Words: 333
Length: 1 Pages
Type: Essay

Technology and Economic InequalityEconomic inequality refers to the unequal distribution of income and opportunity between different groups in society. Technology and the Internet have played big roles in influencing…

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3 Pages
Term Paper

Economics

Economics Part A-Economics and Society

Words: 937
Length: 3 Pages
Type: Term Paper

Unfortunately most growth oriented economic policies such as "supply-side" economic policies tend to exacerbate inequality. A greater role of the government in the economy such as increased taxation…

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3 Pages
Term Paper

Healthcare

Economic and Constitutional Issues Surrounding

Words: 1016
Length: 3 Pages
Type: Term Paper

It is also argued that the insurance mandate is not constitutional since the government does not have the right to tell the United States citizens what products to purchase,…

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5 Pages
Essay

Government

Economic Self-Interest Alone Has Propelled

Words: 1725
Length: 5 Pages
Type: Essay

nytimes.com/2006/05/02/books/02bett.html [26 Apr 2013]] The main criticism levied against Kinzer's work is the question: where was the American public during these escapades? After all, if America is a democracy, do…

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8 Pages
Research Paper

Economics

Economic Crisis

Words: 2582
Length: 8 Pages
Type: Research Paper

Economic Crisis The revelation of the financial crisis that unfolded in United States in 2008 is considered to be the worst economic crisis since the Great Depression, 1929. The distinctive…

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6 Pages
Research Paper

Economics

Economic Depression of Europe

Words: 2122
Length: 6 Pages
Type: Research Paper

Economic Depression of Europe An economic depression is more severe than a recession due to the fact that a depression involves drastic decline in a national or international economy, characterized…

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image
3 Pages
Term Paper

Economics

Economic Institutions the History of

Words: 1101
Length: 3 Pages
Type: Term Paper

That is, international financial organizations, such as the World Bank and the International Monetary Fund and which controlled by core states, decide that, in order to grant financial…

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4 Pages
Essay

Economics

Economics the Dominant Economic Theme

Words: 1262
Length: 4 Pages
Type: Essay

ealth does not equate to happiness, a sense of purpose, dignity or respect. One of the key underlying assumptions of neoliberal philosophy, as derived from Milton Friedman, is…

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10 Pages
Research Paper

Literature - African

Economics Country Analysis

Words: 3685
Length: 10 Pages
Type: Research Paper

Economics - Country Analysis Country Overview and Current Events (News) Ethiopia, traditionally known as Abyssinia, is a landlocked Sub-Saharan country located at the Horn of Africa in East Africa, bordering Somalia,…

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