According to Author Alice H. Amsden, the argument made by Arrighi, Silver and Brewer is not persuasive. Arrighi, Silver and Brewer believe that levels of income between the rich and the poor countries have not closed its gap. That being said, they also believed manufacturing’s share of the GDP has closed the gap between the rich and the poor countries. Below, there will be a discussion as to the merits of the criticism and phrases the author offered the three individuals mentioned above. From now on, the three individuals mentioned above will be referred to as ASB. The author seemed to suggest the reasons why the argument by ASB cannot be bought is because of their empirical study. The author called the empirical study by ASB flawed. The author agrees with old dependency theorists. The old dependency theorists believe that poor countries cannot develop because they are too dependent on the developed nations. ASB believed poor countries cannot really develop because the poor countries are citadels of Schumpeterian. The author seemed to have a point here. A parent can teach a child what to do for eighteen years and hopefully the child will be independent one day. This is to say helping a country will not necessarily make the nation to become permanently dependent. The fact that ASB used income in their empirical study was criticized by the author. The author believes the inclusion of income is a bad idea. The reason is according to the author is because income is too
A project according to Capella University is the Capstone project. The project for the Doctor of Education degree was developed to reflect the longstanding vision and mission of the university to be a leader in helping higher education remain relevant, responsive, and rewarding. The project is required for all new learners, recommended for those currently enrolled in the 8300 series of education courses, and optional for all others. The project enables learners to demonstrate scholarship within a specialization through systematic inquiry that may or may not apply the scientific method for the purpose of conducting a research study to find solutions to problems encountered in practice.
In 1879 Henry George wrote an article titled “Progress and Poverty”. In this article he discussed the ongoing industry and he stated that “the wealthy class is becoming more wealthy; but the poorer class is becoming more dependent.
Arranged Marriages are traditional in a group of other countries, but one thing you may not know is that The Aztecs also thought arranged marriages were traditional. Usually the men got married at the ages 20-25, and the women got married at the age of 16-18. The aztec parents chose their children's future loved ones.
This has as a result those who really need help are still not being helped, the poor class. He argues that other countries are not to be blamed for each country false to provide a better life to their people and that government should be changed their system.
It is riveting to believe that three billion people around the world suffer from poverty and with the help of several nations, nothing has been done to prevent further damage, in fact, more damage is caused in the process. The thousands of problems that countries continuously face cannot be resolved by the actions of others who are not responsible for their problems. The only way that a nation can improve is by on its own putting the effort towards fixing their problems, while many people think otherwise. Independent countries are looked down upon when they only think of themselves. Most people's first thought is to think of the possibility of them being in the position of the less fortunate, which leads to them feeling guilty.
Multiple authors from chapter nineteen and other sources believe that the gap between the higher and lower class is steadily increasing. Mr. Saez, collects the information regarding the income from the International Revenue
Direct criticism to the modernization theory created the idea of the dependency theory. Scholars from Latin America theorized about what was the cause of their dependency and underdevelopment. The theory stated “the present underdevelopment of Latin America is the result of its centuries-long participation in the process of world capitalist development” (Frank 7). In ordinary terms, the drive to compete in the global economy deepened the hole of underdevelopment. The capitalistic pull of resources from underdevelopment countries to the development country perpetuated the conditions of
The Upside of Income Inequality written by both Gary S. Becker and Kevin M. Murphy share their beliefs on the gap of income between people. The authors believe that one major cause of this gap is due to the education, those with a college degree and those with a high school diploma, using this they give reliable points on why this is true with graphs and data. He begins with this topic in foreign countries saying that “despite the widening gap in incomes, rapid economic development dramatically improved the lives of China’s poor”. Saying that even though there is a gap, the upper class has been able to help the poor in ways that they could to one day have a better economic status. This too could come into play
His main premise is the difference in population growth rates between the wealthy and unwealthy nations. He argues that if a poor country becomes heavily dependent on an affluent nation, whose population grows far less quickly, their population will quickly overtake that of the providing nation and make further aid to them infeasible. He also alleges that, using the example of the proposed World Food Bank, that any country’s population will eventually level out to an amount which can be supported relatively easily by said nation’s natural resources if and only if it is not heavily dependent on another country, in which case its dependency will only increase with time. I find his arguments to be completely plausible, if not somewhat oversimplified, though it is of course impossible to take all factors into account.
As civilization has evolved, economic inequality has existed since the feudal era and has made its place in modern society. It is a dilemma that examines the gap between the low wealth of the middle-class worker and the profitable earnings of the monopolizing upper-class business owner. It is a socio- economic issue that can best explored through the lens of the conflict theory; thoroughly explaining as to how the wealth gap came to exist and the consequences of such an economic state on the interaction between the middle-class worker and the wealthy businessman.
The short article “Why the rich are getting richer and the Poor, Poorer” by Robert Reich. An author who has written numerous books on economics, Reich who is also a professor of public policy at the University of California at Berkley and has taught previosuly at Harvard. In this specific article Reich is looking at the problems within US economy, and the realization to what is really happening and the differences between the different levels in the social classes here in the US. In order to portray the apparent hidden truth to the matter, he refers to past issues and looks how or where there may be differences. Ultimately Reich is looking to highlight these issues in where it seems there is perhaps a large gap within the economic food chain.
Gary Becker’s and Kevin Murphy’s article, “The Upside of Income Inequality”, analyzes the positive effects of the income gap, and Paul Krugman’s New York Times column, “Confronting Inequality”, stresses the negative impact of the income gap; it is apparent by juxtaposing these two texts that income inequality can be effected by economic development, education, and social equality.
Throughout the history of American society which operate under a capitalist economy there has been constant a strife between the wealthy upper class and the less fortunate lower class, causing an gap between the two. This natural income inequality has become much greater in the last decades and is starting to harm the economy and society. As Robert Reich said in the movie “Inequality for All” :“Some inequality is inevitable. Look the question is not inequality per se. The question is, when does inequality become a problem?”(Inequality for All).
Addiction and substance abuse is a crime that has plagued the U.S. ever since the early 1900 's and from that point on has been an uphill battle for the U.S. to stop. But even with everything the U.S. has tried nothing that has been done has even made a dent in the drug war. Drugs just continue to hit the very streets that innocent people live on. Today people walk right outside their house and just around the corner, there is some guy that has the ability to sell them drugs. That is why the war on drugs in the U.S. has failed miserably because the number of people and high schoolers that are using drugs is still increasing, drug tests do not do anything to discourage using drugs and almost everyone knows how to cheat the tests, and legalizing drugs, such as marijuana and other low level drugs, would allow the U.S. to have more control over drugs in the end.
In the last century, incomes in the "less developed" (or euphemistically, the "developing") countries have fallen far behind those in the "developed" countries, both proportionately and absolutely. I estimate that from 1870 to 1990 the ratio of per capita incomes between the richest and the poorest countries increased by roughly a factor of five and that the difference in income between the richest country and all others has increased by an order of magnitude.1 This divergence is the result of the very different patterns in the long-run economic performance of two sets of countries. One set of countries—call them the "developed" or the "advanced capitalist" (Maddison, 1995) or the "high income OECD" (World Bank, 1995)—is easily, if awkwardly, identified as European countries and their offshoots plus Japan. Since 1870, the long-run growth rates of these countries have been rapid (by previous historical standards), their growth rates have been remarkably similar, and the poorer members of the group grew sufficiently faster to produce considerable convergence in absolute income levels. The other set of countries, called the "developing" or "less developed" or "nonindustrialized," can be easily, if still awkwardly, defined only as "the other set of countries," as they have nothing else in common. The growth rates of this set of countries have been, on average, slower than the richer countries, producing divergence in relative incomes. But amongst this set of countries there have