chapter 2 Flashcards
what four things would a successful social reproduction theory ensure
- that people born rich don’t stay rich simply because they were born with wealth, and people born poor don’t stay poor simply because they were born into poverty
- similar resources for economic success for everyone
- regardless of class origin talented, hardworking people can achieve their occupational and financial goals
- laws and policies don’t have advantage over anyone
why is economic inequality good sometimes
because it ensures that people are willing to do the most difficult and important jobs and the people that take the jobs are most capable of doing well
how does high economic inequality effect individual’s everyday life
- higher suicidal rates
- higher death rates and lower life expectancies
- more likely to be sick
- less likely to be happy
- have higher anxiety and depression levels
- less trust in others
what happens to the government when there are high levels of economic inequality
- governments become less stable
- creates more political polarization which is associated with terrorism
- can even lead to support for the authoritarian leaders
high economic inequality leads to what with higher human rights violations
- voter suppression
- erosion of democracy
- government repression
- elimination of basic human rights
high economic inequalities lead to what
- higher levels of physical and mental health problems and reduced life expectancy.
- being less happy, less trusting, less likely to feel like a part of the community, and more anxious about social status
a successful solution based on the Davis-Moore hypothesis would ensure what?
- the most difficult and important jobs pay most
- people are not rewarded if they do not contribute to society, not matter social class
- people move up in social class if they are talented and work hard
- people enter jobs that best fit their skills, talents, and work ethic
- the smartest, most talented, people enter the most important and challenging jobs, and they are happy and fulfilled.
The New Deal
- devised by Roosevelt to reverse the high unemployment rates and financial systems that collapsed in the Great Depression
- helped bring about economic recovery and reduce economic inequality.
The war on poverty
President Johnson declared war on poverty and initiated things like Head start, Work study, Medicaid, and the Job Corps.
- some claim this movement failed but it did in fact lower poverty rates
how can we work toward a solution to fixing economic inequality
by knowing what causes each countries political and social circumstances
countries with higher tax rates usually have what
- less income inequality
- higher mobility rates
minimum wage laws also influence what
economic inequality
raising the federal minimum wage would do what
would boost incomes of millions of workers and reduce income inequality
solutions involving labor unions
- ensuring workers’ and unions’ rights
- strengthening the unions
- laws to protect the right to join unions, prohibit the importation of products made with forced labor
what is an example of a social movement to reduce economic inequality
the $15/hour minimum wage movement
As of 2021, 38 states and Washington D.C. have done what
passed laws to incrementally bring the minimum wage up to $15/hour
cultural capital
Informal knowledge, tastes, and preferences learned in a specific social class that help convince others that you belong in that class
Davis-Moore hypothesis
The viewpoint that inequality is good for society because it ensures people are rewarded more for doing more complex, difficult jobs
economic inequality
the income and/or wealth gap among individuals, groups, or countries
globalization
the process of creating a world economy with few restrictions on trade