Should we Care about Income Inequality?

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Essay #: 061825
Total text length is 7,288 characters (approximately 5.0 pages).

Excerpts from the Paper

The beginning:
Should we Care about Income Inequality?
The view of this writer is that we should care about income inequality because income inequality will lead to social unrest and will obviously lead to diminished opportunities in life for those who are impoverished; over time, persistent poverty can lead to the perpetuation of various social ills. While some might argue that income inequality is not a bad thing because it ensures that those who have the most to contribute in a merit- based society are rewarded for their industry in proportion to their talents, the reality is that income inequality is very serious for the simple fact that it threatens social services (poverty exacerbates poor health and serious health problems place a strain on health...
The end:
.....ly 25). Retrieved July 28, 2010 from Factiva.com http://global.factiva.com.ezproxy.library.yorku.ca/ha/default.aspx
Grimm, M., Harttgen, K., Klasen, S., Misselhorn, M., Munzi, T., & Smeeding, T. (2010). Inequality in human development: An empirical assessment of 32 countries. Soc Indic Res 97, 191-211. Retrieved July 28, 2010 from Expanded Academic ASAP http://journals1.scholarsportal.info.ezproxy.library.yorku.ca/tmp/9041929126581104083.pdf
Mansyur, C., Amick, B.C., Harrist, R.B., & Franzini, L. (2008). Social capital, income inequality, and self-rated health in 45 countries. Social Science and Medicine, 66, 43-56. Retrieved July 28, 2010 from http://journals2.scholarsportal.info.ezproxy.library.yorku.ca/tmp/2527748350319635734.pdf