SOCI 110 Chapter Notes - Chapter N/A: Assortative Mating, Disinvestment, Deadweight Loss
Document Summary
Four popular myths of inequality: most inequality generated by race and gender. Why gaps close: once lower income group see incomes rise, once higher income group see incomes decrease. One can completely eliminate gender racial gaps and not reduce overall inequality much, or you can and inequality reduces: most inequality is driven by educational inequality. There is more inequality among people who have college degrees than there is between those who do and don"t. Value of educational credentials is inversely proportional to number who possess it. Educational gap income growing because incomes going to men with high school diplomas dropping, not because college makes more money. Increase in bad economics, decrease in marriage: most inequality is driven by differences in family structure. Traditionalism in areas of family/gender/child tied to promotion of unbridled free markets and growing marketization. Differences in marriage rates by social class increases regardless of race. Assortive mating patterns concentrate wealth but it"s tied to courtship patterns.
