SOC 001 Lecture Notes - Lecture 13: American Income Life Insurance Company

• School: College of The Sequoias
• Department: Sociology (SOC)
• Course: SOC 001
• Professor: Bellin

Document Summary

Consequences of middle class: moral and cultural values are attached to. The middle class harder they could be a part of the middle class. Lower class are blamed for their position (poor people are lazy and if they just worked. But this overlooks the inequalities within the seams of our society. Individual situation is blamed due to institutionalized issues. Middle class myth idea that we are all middle class just people see themselves that way, even though many people who think they are actually aren"t. Income inequality is at an all time high in the us. Why has american income inequality increased? no exact explanation. Increasing concentration of wealth at the very top of the income distribution. High levels of income inequality reduces social cohesion, overall health, overall wealth, and education. Increases crime, debt, and political polarization (division in political parties) Some inequality is necessary to prompt competition and innovation, but how.