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Wealth, Power, And Privilege

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WEALTH, POWER AND PRIVILEGE Name: Course: University: Tutor: Date submitted: Introduction Inequality in the society has been an issue since the history of the universe and as we think we are bridging the gap between the rich and the poor we always find out that it is as a wide as it was. The poor will always exist in the society as the inferior group while the rich are the superiors who control various aspects and sectors of the society. The conflict theory explains that there is always a disparity that exists in the society due to the presence of limited resources as well as the variations in the skills and knowledge. It will always happen that in the society there are the wealthy and elite, the middle-class people and the poor who have the lower status in the society. The children from these social statuses will always have varying education success, employment opportunities and eventually economic success (Zucman, 2014). The generations are likely to continue their status because the children from the wealthy families will continue having opportunities that the poor cannot access simply because they are the inferior people in the society. This is due to the increased need for the society to eliminate inequality, various theorists and psychologists have been for the past years trying to explain how inequality is introduced in the society, its causes, effects as well as some of the measures that should be taken to eliminate inequality in the society. The

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