Essay on social and economic inequality
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Social Economic Inequality
When 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 and racism. After all, factors
such as these prevent many members of marginalized social groups from fully-
benefiting from social institutions such as education and the workforce.
This lack of access could thus lead to poverty and by extension,
However, this paper also argues that despite its failings, the
capitalist system has the most options for human happiness. This approach
should be tempered by the recognition that no true capitalist state exists.
Capitalist states such as the United States and the states in Western
Europe recognize this and provide state-sponsored social services to the
needy. While this liberal democratic system remains problematic, it is
essential to ensure that everyone has equal access to the institutions that
pave the way for the pursuit of happiness.
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