This article analyzes the issues of socio-economic inequality, and proposed solutions. Brings into focus the question, is inequality bad or natural? Provides a historical perspective. Points out to the successes and failures various ideologies have encountered in past, recent and contemporary situations. Digs into the fact that the attempts to create an artificial equality, always lead to more taxation and bigger government.
Traditionally, the US has been revered as one of the most significant national influences across the globe, especially in terms of international affairs and trade. For decades it has led the way in terms of innovative technology, financial growth and cultivating democratic relations with other countries, often with positive and generative effects. However, as the country enters a period of domestic turbulence, there are increasing concerns that it’s influence is diminishing, and that the resident government is stretched too far in attempting to resolve home and international issues. Resolving Recent International Issues This is an interesting concept, and poses a question as to whether the nation’s government are caught within a disruptive cycle of indecisive and poorly directed rule. In this instance, this means that the nations governor’s are suffering a collective crisis of confidence in their principles and methodology, and perhaps attempting to meet one challenge too many to restore their sense of self and relevance. For example, the US continue to immerse themselves in international affairs and turbulence concerning Egypt and Libya, while domestic protests and economic issues have continued to spiral and have a negative impact on society as a whole.
Many of the social issues that trouble society are interlinked, and heavily affiliated with everyday interactions. This can create problems in the way that individuals spend their day to day existence, especially where they have a pre-conceived notion of fear that restricts them in their chosen pursuits. This could well be considered as a disruptive and potentially divisive social cycle, and one which can have a negative impact on the overall perception, health and collective abilities of society. Restrictions in Child Health An excellent example of this social cycle can be seen in the level of childhood obesity in the US, which is continuing to rise and become an epidemic throughout the nation. This is something which is affecting many western cultures, especially those which encourage specific freedom of thought and deed, and has many possible causes cited for its increase. However, very rarely is the root cause discussed or identified, and many misconceptions exist that concern the role of parents in this issue. Parents are often criticised for allowing their children expansive access to video games, and not encouraging them to socialize or indulge in additional outdoor pursuits. However, while they are considered as lazy or ill informed guardians, it is possible that their willingness to let their children spend excessive amounts of time indoors is partly due to trepidation. This fear could be attributed to violent crime or instances of child abuse, but regardless of its cause its manifestation can be seen through their conduct towards their children.
Poverty is an often misunderstood concept, and is perceived differently depending on the status of a nation and its people. In deprived areas of the world, poverty is seen as an extreme state of existence, where a community has steep population levels and not enough natural or economic resource to sustain them. This is also the wider view of poverty, as it is well documented through news bulletins and global charitable events and organizations. However, it is less well known that poverty subsists in many affluent and renowned nations, only it harbors beneath a different and less extreme definition. In countries like the US, poverty is status is determined by contrasting annual income to a regulated dollar value, which are referred to as thresholds. These thresholds vary depending on the size of a family and average age of a household. An family unit whose income falls below this threshold are considered to be in poverty. Increasing Poverty Throughout the US The poverty threshold is refreshed annually to account for modifications in the cost of living and other economic variables. Between 2009 and 2010, the percentage of US citizens who had fallen beneath the poverty threshold was registered at 14.3, which was a 1.0 increase on the recorded figure from 2008. While this statistic is surprising in itself, the geographical split of poverty and where it is prevalent within the US is even more interesting, and highlights particular areas of concern.
This article tries to find out the causes of global recession and economic downturn. Provides a historical perspective. Compares the mature economies with emerging economies. Analyzes the emerging economies in China, India, Beazil and Russia.