Friday, January 24, 2020
Inequality of Wealth and Income Distribution in America Essay -- essay
Inequality of Wealth and Income Distribution in America Every American dreams of finding a job that pays well enough so that they may comfortably take care of their loved ones and themselves for years to come. Most Americans hope to find some way to make a living that they enjoy, something that they view as productive. Unfortunately, many do not have this luxury. In our society, a good portion of the population is forced to hold the base of our country in place while hardly being redeemed for their time and effort, and thus the problem of income inequality. Numbers of these people live from paycheck to paycheck, barely getting by, not because they manage their money poorly, but because the value of their time at work is negligible. Some may even sacrifice happiness at work to find a job that pays better simply because they cannot make ends meet at their current job. Some people sacrifice their sanity and eventually their life just to keep from going under financially. Segregation in income distribution is another cause of these proble ms, such as that with women or African-Americans who make less than other classes comparatively. In contrast, actors and actresses make millions in the entertainment industry, an industry that grosses hundreds of millions of dollars a year creating what adds up to be the same kind of entertainment most people could get out of watching their children play sports or sing in a choir. The question then is how to find the value of work and time in our society and what should determine income. Positive reasons for income inequality are hard to find. One reason is the incentives there are to achieving higher status of income. You are regarded as successful in the eyes of your peers, and if you financial security is achieved, your life can be a lot less stressful. It is the pursuit of these incentives, this kind of greed, which keeps the economy running strongly. People work hard if they will be rewarded for it, so they pursue a higher education to get better jobs, to create a business, and we all benefit from that. An article, The Truth About Income Inequality by John H. Hinderaker and Scott W. Johnson, which is based completely on statistics from the government, proves that income has not fallen for Americans. In fact, the distribution of income is no worse than it has ever been, and certainly better than when the count... ... If everyone in this nation were aware of the influence that income inequality has on the people’s lives, many would be surprised and outraged. While the incentive’s and rewards of higher income are what fuels the economy, and what raises our standard of living, reaching that level of income has been difficult in the past and seems to be getting worse. Income inequality has been on the rise since the 1960’s, according to the graph of the Gini index, a statistical index of (in)equality. Those incentives of higher income are becoming scarce and costly, and many people think it isn’t worth the work to reach it. The larger the gap between the social classes, the more prominent social classification becomes, and the more we, as citizens and human beings, should be prepared to make a stand for the basic right of standard of living that was initiated by our independence. Works Cited The Simple Truth about the Gender Pay Gap (Fall 2014) http://www.aauw.org/research/the-simple-truth-about-the-gender-pay-gap/ John H. Hinderaker and Scott W. Johnson, â€Å"The Truth About Income Inequality†http://www.americanexperiment.org/publications/reports/the-truth-about-income-inequality
Thursday, January 16, 2020
Dale Henry’s book “The Proverbial Cracker†Essay
It is not much questioned about how people mostly wanted to be served and be pleased by others. However, the contrary of this fact was the main theme of Dale Henry’s book â€Å"The Proverbial Cracker†. In this particular book it could not be denied that service is the main key for people to get the satisfaction that they need from their own jobs. The realization of each employee that providing service to others is the only key to their corporal success helps them become the person that is particularly needed not only be business organizations but also well appreciated by the society.            The different proverbs in life pertaining to success have mainly been focusing on the ways by which people could attain self satisfaction from their jobs. However, what the said books are lacking which is in turn present in the book of Dale Henry is the fact that service is viewed as a primary aspect of true enlightenment among people. Reading this book brings the reader to the recognition of providing the best for the others that results to their own satisfaction of their own desires.            â€Å"Most people see their jobs the way a mosquito sees a nudist camp: all kinds of opportunity, but where do I start?†(Henry, 22) True, it is only when a person realizes the true worth of his job and his responsibilities as a person through his career will he realize that he too has an essential worth to the society. It is only when they see the benefit of what they do are they completely motivated to do their best possible efforts for the sake of their job’s completion.            Certainly, this particular book brings about the needed aide for employees or even self-employed people in the society who lack the motivation to do the best they could in their own chosen careers. Dale Henry has fully arranged a humorous yet meaningful approach to the said invitation of one’s ability to doing his duties as a fine worker for his own organization’s as well as his community’s progress towards development. Bibliography Henry Dale. (2002). The Proverbial Cracker Jack: How To Get Out Of The Box And Become                         The Prize. Autumn House Publishing.
Tuesday, January 7, 2020
Eli Whitney and the Cotton Gin Free Essay Example, 1750 words
Immediately, Eli Whitney received a patent right (X72) on 14,March 1794.The output increased and new markets for the cotton products got harnessed in England. The ready market in Europe and continuousburgeon of the textile mill in some of the states such as New England2. The market brought a lot of profits to Eli and the entire southern national agricultural economy. According to United States economists, cotton exports in the country increased after the invention from 500,000 pounds (around 230,000Â kilograms) in 1793 to over 93Â million pounds (around 42,000,000Â kilograms) by 1811.Esentially, thenon-perishability of the cotton products reduced risk in the cotton industry because it can be shipped for over long period of time for instance United States coast to Europe. By1820 to 1860, the cotton products had hit the market and became the chief south United States export courtesy of the cotton gin. Secondly, the machine boosted productivity level hence making Eli Whitney be awarded large tenders for instance that of manufacture muskets by the American army in 1798.It has been argued that this contract brought a lot of revenue to Eli although it was later swindled by endless litigations. We will write a custom essay sample on Eli Whitney and t he Cotton Gin or any topic specifically for you Only $17.96 $11.86/pageorder now This happened at a time when French revolution ignited some conflict against the Britain and United states. The new American regime decided to prepare for the war by purchasing heavy clothing equipment and American army uniforms. This meant that the war department has to issue a contract of 10,000 muskets to be manufactured by Eli Whitney Company. By the end of 1800, Whitney had delivered over 10000 muskets and the contract renewed for an additional 5000 muskets. InMay 1798, the congress voted for over eight hundred thousand dollars inorder to pay for the supplies besides purchase of some weapons and cannons. This meant that the cotton industry was high profitable and hence Eli Whitney got a lot of revenue3. Therefore, we can support the argument for Eli Whitney cotton gin lead to increased productivity, reduce labor cost and promoted more output. The high output causes high sales revenue which later led to the higherprofitswithin the cotton industry. However, Eli Whitney failed to understand her rival business and eventually engaging in other government contractual based business that called for suits and litigations. Some of these contracts include that of supplying cannons and arms which he duped the government. The government had to sue him because he breached the contract hence reduced profits.
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