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The Rich And The Rest Summary

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To really understand social stratification we have to go back in the mid- 1700s during the rise of industrial Revolution which led to increased social stratification. The invention of new machinery like the steam engine in a period where things were mostly made by hand helped catapult this ideology as factory owners hired workers who came to rural areas in search of better job opportunities and lifestyle. These owners made their workers works under harsh conditions and for long periods of time for extremely low wages and this exploitation made the owners extremely wealthy thus widening the gap between the working class and the wealthy. Good representation of this model in today’s society is the caste system India uses to …show more content…

“If the rate of economic mobility the ability of people to improve their economic station was higher, he says our growing income disparity might not be such a problem.” (Pazzanese pg 1). Here, the author is lamenting about the difficulty of haves not to better there situation and put themselves in a position where they can be as equally …show more content…

“ your zip code and the exact characteristics of your parents seem to matter more” (katz pg 1). This is really evident as the rich kids don’t attend the same schools and don’t have access to the same resources since the school system is made in such a way that kids attend the schools closest to where they reside. Moreover, kids living in rich neighborhoods their schools get better funding sport equipment, state of the art infrastructures and amenities. Additionally, with certainty we can say this assumption reflect ideologies like capitalism which promote disparities in the educational system, income, health care etc. Christopher Jencks goes ahead and states that “All the cost and risks of capitalism seem to have been shifted largely to those who work rather than those who invest.” Amongst most governments the US government seems to do far less compared to other democracies to even out the disparity in income between the haves and the haves

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Paul Krugman author of the article “Confronting Inequality” stresses the inequality of our social classes in the United States, he uses statistics to demonstrate the staggering consequences of this inequality within our social classes. Krugman emphasizes the fact that a majority of our wealth is owned by about one percent of the population, which is leaving the middle and lower class at an extreme disadvantage. One example Krugman uses is education; children that have wealthy families, have a higher percentage of finishing college than those of lower income families, proving the statement that Krugman was accentuating, “Class-inherited class- usually trumps talent.” The parents within this middle to lower class have been exceed their financial

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193 Words | 1 Pages

In the article “Confronting Inequality” by Paul Krugman it explains how and why large changes between wages of wealth and the problems between the social classes. America's middle class in today’s society are exceeding their limits in effort to give their children opportunities many middle class parents did not have themselves. Ways that many middle class parents are doing this is by buying homes that they can't afford; this is so their children will be able to attend a good school. Another reason why middle class parent are doing this so that their children can have more opportunities to one day slow the growing gap between the wealthy and the poor. Another reason that inequality between the classes is important Krugman believes is because

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140 Words | 1 Pages

In the reading "The Rich Are Different from You and Me," Chrystia Freeland explains the increase of income inequality in wealthy people vs. People under the wealthy in of our society, which wealthy people are about 10 percent of the population and the people under the wealthy is about 90 percent of the population (Pg.52). In the reading it talks about how the wealthy people are overweening ahead of everyone else in our society. The reading shows statistics of growth presented between the wealthiest and the general society and how the wealthiest people in our society are separating their selves from more and more from the general society and are getting ahead of everyone else. Freeland believed that wealthiest people of today started out in

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. The book explains that in order for the ruling classes to maintain their control they would have to focus the lower classes of people and their energies into not hating them, the wealthy. Instead the wealthy introduced the concept of “the other” to the poor and fed them the concept that was the Revolution,that rising up against a tyrannical England and king was on the behalf of a united people. In today’s America the imbalance of wealth and power still exists, according to Jeffrey Sachs, Director of the Earth Institute at Columbia University, “Because our public policies have been owned by the extremely wealthy they have been able to push that wealth even higher, 1% own more than the rest of us 99% combined.”

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Jamie Johnson created the documentary film "Born Rich" with the help of other members of affluent families to discuss the privileges of aristocracy. Aristocracy is a privileged, primarily hereditary ruling class, or a form of government controlled by such an elite. The viewer can understand the role of this status group, see the similarities as well as differences we share, and are able to relate. I do not believe all members of society are comfortable with the system of stratification, but we understand the roles that one plays.

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The book contained nine chapters in addition to introduction and conclusion. The first six chapters talked about lessons provided by the author that included what he learned from his rich dad and the gained Experiences about money .The last three chapters included advices and Guidance from the author. Introduction KIYOSAKI had two fathers ,a rich one and a poor one .One was highly educated and intelligent. The other father never finished the eighth grade.

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Wealth is a fortune you not acquire yourself but instead the money works for you. Many people start companies, make it big, then sell their business for a fortune. With this new fortune many high class people invest and save their money for generations. In Class in America it sates that, "The wealthiest 1 percent of the American population holds 34 percent of the total nation wealth" ( pg 179). The upper class people with billions of dollars and most of the countries money are called the one percent.

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856 Words | 4 Pages

America prides itself on being one of the most effective democratically governed counties. The idea of the American dream is that all people have equivalent political freedoms and a responsive government. However the effectiveness of social equality is being threatened by increasing inequality in the United States. Economic inequality in the US has expanded drastically. The wealth gap has had drastic changes over the past 35 years.

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Social class in prevalent in every walks of life, from the ancient ages all the way up to the 21 century there has been different forms of social hierarchy. As with many cultures throughout the world, high social class can be achieved through the family and wealth. In some societies, brute strength can lead to high class. To summarize, your social distinction is everything to some people, it dictates the way many perceive you.

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title Lauri Kubuitsile’s, “The Rich People’s School” is a story that could be replicated across many homes around the world, as well as within many people’s own lives. A reader will need no prior knowledge of the culture of Botswana to understand and experience the depth of “The Rich People’s School”, and the culture it depicts. The story, very clear cut and inductive, indicates the culture and the norms of the society in which it is set, however it does not illustrate racism in Botswana, specifically. Racism has reared its head in numerous societies, towns, and countries. This story portrays racism in Botswana, but expertise in the culture of Botswana is not necessary to follow the story.

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608 Words | 3 Pages

The lower class works for their living and spends what money they have on things they need. Whereas the upper class, usually has a higher education and better paying jobs than the other classes in America. Thus, heritage plays a big part in reasons of social classes.

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The middle class make too much money to receive assistance, however don’t make enough money really live without assistance. The upper class which controls the government is living life like its golden. I think there are several steps to be done in the United

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Wealth and Inequality in America Inequality The inequality in America has increased over time; the gap between the rich and the poor has become a problem that many Americans don’t see. Inequality is the extent of income which is distributed unequally among the citizenry. The inequality of the United has a large gap between the poor and the rich making it unfair to the population, the rich are becoming wealthier and the poor remain poor. The article “Of the 1%, By the 1%, For the 1%”, authored by Joseph E. Stiglitz describes that there is a 1 percent amount of American’s who are consuming about a quarter of the United States income in a year.

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Capitalism results in class distinction. Obviously the upper class has more money and many times they feel that because they have more money, they are better than those of a lower class than them. In Gregory Mantsios, Class In America-2009, he states four different myths about the United States. Myth four states that everyone has an equal chance to succeed.

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There are two words in the title that needs to be first defined to understand the topic: Middle and Class in regard to the country India. Class refers to a group of people of similar social status having similar income and similar lifestyles. The middle class is the social status that is positioned between lower and upper classes. It includes small businessmen, professionals, doctors, lawyers, etc along with their families. These people make up the majority of the population and have been overlooked by historians.

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