Class Conflict Theory paper -907words

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Description

Class Conflict Theory

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Class Conflict Theory

This article examines the effects of the widening gap between the rich and the poor in the United States. According to Elliot (2017), eight billionaires who are among the world’s richest men control wealth equivalent to that held by about half of the world’s poorest population. This means that the eight riches billionaires control the wealth equivalent to that of 3.6 billion people. The article asserts that in the U.S., wealth is concentrated among a few individuals, while the masses suffer. Although the U.S. is branded as the land of opportunity, various forces have combined transforming it to the land of inequalities. The article argues that the recent trends in income inequalities could be dangerous in the long run if they remain unchecked. The article recommends for a new economic model that can help reverse the growing income gap.

A key point raised in the article concerns the factors propagating the current wage…………………………………………………………….

Instructions

For this paper, you are to write a paper of at least 750 words that relates to 1 of the sociological theories reviewed in this course

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