Essays on Income Inequality

Wealth inequality is described as the unequal distribution of assets within the United States. “Wealth,” including homes, automobiles, personal valuables, businesses, and savings. Income inequality is the unequal distribution of household or individual income throughout the United States. Wealth inequality and income inequality are both directly related to the common readings. The common reading says…

Introduction Money influences almost everything in the world, with both governments and individuals making decisions based on it. Money can be looked at in two ways: at the microeconomic level and the macroeconomic level. Microeconomics looks at how small scale decisions are made while macroeconomics studies how general factors can affect the overall economy of…

Scout (1) elucidates how there has been an increase in the difference between the health of poor and rich teens. That’s in the first decade of this century. That was in conjunction with a survey conducted in thirty-four countries in both Europe and North America. The research proved that there had been an increased socioeconomic…

The documentary “Inequality for All” offers illuminating observations of the widening inequality gap Americans face every day. Professor Robert Reich, the Secretary of Labor during the Clinton administration, guides the audience through a series of emotion-eliciting events of those affected by this alarming income distribution, particularly through the eyes of the middle class. The information…

Imagine having the opportunity to have an amazing job that pays great enough to allow us to live comfortably and being able to provide for ourselves and our beloved family for many centuries to come, but, unfortunately, many of us do not have that blessing and luxury. Coming to America was and continues to be…

Introduction This policy brief supports the spreading of capital ownership and the redistribution of profits in public companies among employees, at all levels. Granting workers a capital stake in the company would strengthen the synergy between workers’ interest and corporate performance while spurring economic growth and increasing social mobility. I shall argue for this conclusion…

Today, India has one of the largest economies of any developing country. In 2018, its GDP was a whopping $2.719 trillion, growing at a rate of 6.8% per year. (GDP (current US$)—India | Data, n.d.) However, the country also has a third of the world’s malnourished children and ranks 129th out of 189 countries on…

In 2014 full-time, year-round, working women only earned an average of 79% of what the average earnings of a man made (United States Department of Labor n.d.). Women who are just as qualified or more qualified for the same job a man occupies are only making roughly 78 cents for every dollar a man makes.  This…

In the article “What’s Really Radical? Not Taxing the Rich,” by David Leonhardt, the author argues that income inequality is a major concern for America. Most people believe that the rich keep gaining wealth, while average and below average Americans are working hard just to survive. Taxes are taking a toll on ordinary people. It…

We live in an era where women can do everything that men do right? This is a determination movement led by women and encouraged by men, but the struggle to close the wage gap is still going on behind the scenes. Women may be doing the things that men are doing but women are not…