A Perfect World, Economic Inequality - 1337 Words

In a perfect world, economic inequality would be nonexistent. There would be no disparities among the races, nor would there separate laws for certain classes of people. The words â€Å"all men are created equal† would truly have meaning and its applicability could not be tampered with or deviated from based on a person’s zip code. If within this perfect world crime did exist, the ramifications of criminal acts would be blind to race, wealth, or family name. Unfortunately, the illustration of a perfect world is far from it, it’s nonexistent. The world we live in today is full of disparities. There are special rules and special laws for certain people especially when it comes to crime and punishment. Everyone is not created equal. Society looks up to the wealthy and frown upon the weak and the poor, those who have little to no education and whose income is low or below the poverty level. Clarence Darrow wrote (1902) â€Å"The penal code is made and enfor ced by the ruling class, not upon themselves, but to keep the weak at the bottom of the social scale† (Dorpat, 2007). This paper explores the causes of crime and crime rates among the nation’s rich and poor. A comparison of criminal activity between the two classes is made to determine whether the legal system favors one over the other based on how the cases are handled. Lastly, a look into criminal theories that suggests certain environmental factors are conducive to and the reason for criminal behavior. WhatShow MoreRelatedThroughout History, Economists And Philosophers Have Theorized1533 Words   |  7 Pagesargue that capitalism has been the most successful economic system in history. While this may be true, pure capitalism has fundamental flaws that lead to a variety of social issues. As society continues to evolve, it is imperative to improve our economic philosophy to defend against the elimination of competition and ensure equal opportunity for all. If the weaknesses of modern capitalism are addressed, it could propel society to a new level of economic prosperity. While the original objective ofRead MoreCandide in El Dorado1283 Words   |  6 PagesThe Meaning of El Dorado and its contrast with the rest of the world: El Dorado appears to be the perfect utopia, for others it represents an unrealistic place to live. For Voltaire this world meant his entire desire and dream about the perfect society. Many critics note that El Dorado is only a huge extravaganza because it consisted of contradictory statements. The meaning of El Dorado is a vision of the perfect society and represents a false paradise impossible to attain or approach by the destructiveRead MorePoverty And Poverty1487 Words   |  6 PagesGlobally, poverty is a prevailing social and economic concern. In pure economic terms, the United Nations Educational, Scientific and Cultural Organisation (UNESCO, 2017) defines income poverty as a failure of a family’s income to meet a federally established threshold. The World Bank’s definition of extreme poverty is living on less than US$1.90 per day (World Bank, 2017), which was decided on using the purchasing power parity exchange rates to convert the line into the US dollar, an d into the currenciesRead More Income Distribution and Economic Growth in LDCs Essay1673 Words   |  7 PagesIncome Distribution and Economic Growth in LDCs INTRODUCTION In recent years, one of the major concerns of economic development is the study of poverty, the income distribution and growth in the less developed countries (LDC’s) or Third World countries. Economists from all over the world have been doing researches and studies on how to induce a growth in those underdeveloped countries. However, countries differentiate in historical backgrounds, cultural believes and natural resources.Read MoreThe Great Gatsby By F. Scott Fitzgerald867 Words   |  4 Pagescurrent controversial debate sponsored by Intelligence Squared U.S. by representing the aspiration of economic success. The â€Å"visceral topic† is questioned, â€Å"Does income inequality impair the American dream of upward mobility?† In the beginning, Mr. Robert Rosenkranz provides the audience with a comparison of one’s income to a ladder with many rungs. He sets a perspective about the increase in inequality creating a difficulty or perhaps a neutrality of mobility within our capitalist economy. The importanceRead MoreRelationship Between The Worker And The Capitalist997 Words   |  4 PagesIn recent times, inequality has been found on high levels all around the world, this is due to how the market functions and the relationship between the worker and the capitalist. In this essay, the characteristics of Capitalism will be described followed by an analysis of how it produces wealth inequality, however a political economical approach will be used. Emphasized are the thoughts of Karl Marx and Adam Smith. To begin with, Adam Smith in his book Nature and Causes of the Wealth of NationsRead MoreSources Of Economic Growth And Social Justice Essay1402 Words   |  6 Pages3.1 Sources of Economic Growth and Social-Justice Egyptian per-capita income has been significantly improved in the second half of the first decade of 21st century, as it recorded, in average, $1984 (standard deviation $167), compared to $1312 (standard deviation $597), in average, during the first half of the decade. Figure (1) illustrates the development of per-capita income through the first decade of 21th century and it shows that per-capita income growth rates were, in most, negative duringRead MoreGlobalization And Its Effect On Society1240 Words   |  5 Pagesweakens global inequalities Globalization is a very important force in the new world and it continues to impact the lives of individuals as well as groups world over. The role and affect of globalization has broadened over time. It has resulted in the lessening of trade barriers, integration of the economy of the world, increase in opportunities for groups and individuals alike and an increase in the economic well being and income levels of individuals and groups. However, critics of economic globalizationRead MoreSimilarities And Differences Between China And Australia1236 Words   |  5 Pagesunemployment, inequality, standard of living, environmental issues and the roles the different governments have in influencing and modifying these factors of the economy. Size of Economy The GDP is the total market value of goods and services in an economy over a period of time. China’s GDP is significantly larger than Australia’s, measuring 9.24 trillion $USD as of 2013, while Australia’s GDP was 1.56 trillion $USD the same year. Before the change to a socialist market, the economic policy at theRead MoreDomestic Inequalities in The USA and Denmark Essay1489 Words   |  6 Pagespolicy approaches to addressing domestic inequality. Compare and contrast two different countries and evaluate the effectiveness of their key policy measures in addressing inequality. It is a commonly accepted that inequality is increasing throughout the globe, with startling statistics such as the recent Oxfam report indicating that the richest 85 people in the world own more wealth than the poorest 3.5 billion people(Oxfam Australia Media, 2014). Inequality is thought of as disparities or gaps, such