The term unemployment referred as situation when a person who is actively searching for employment is unable to find work unemployment is considered to be a key measure of the health of the economy. Unemployment as a social problem is discussed in this essay as...
The gap between the richest and the poorest in the United States is increasing since past 40 years — killing the American Dream. America supposed to be a land of opportunity, however compared to other developed countries, it has highest level of economic inequality. For...
I will begin by giving an exposition of Peter Singer’s paper, “Famine, Affluence, and Morality” in which Singer discusses the need for individuals to donate substantially more towards preventing global poverty and famine. I will then argue that Singer does not understand that the proximity...
While overall poverty levels globally seem to be falling, with the number of people living on $1.9 or less a day dropping from 1.9 billion in 1990 to 736 million in 2015, the story is different in Sub Saharan Africa (World Bank, 2018). In fact,...
In this essay I will discuss how Economic Efficiency is required for the functioning of the government and how it addresses a different set of tangibles in comparison to human rights law using taxation. I will be discussing it using themes of Social Justice such...
Inequality, in its myriad of social and economic forms, is a persisting issue in Latin American society. As of 2014, Latin America was found to be the most economically unequal region in the world: just 10 percent of the richest Latin Americans controlled 71 percent...
Since 19th century, the economists tried to identify and explain the major causes that lead to inequality but always obtaining a scarce consensus. The first was Marx in his book 'The Capital) that pointed exploitation as the main cause, where people in upper classes get...
People’s preferences can be broken down into left and right voting preferences. Dalton (2010) characterises a Leftist citizen as “supporting more extensive social services, a larger role of government in managing the economy, and policies to ensure the well-being of the working class.” While “the...
While it is true that voters tend to vote for what they perceive to be in their best economic interest, and they generally won’t vote against this interest, that is not to say that there are other determinants which, combined, may have more influence overall....
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