I am explaining the issue of wealth inequality in the united states. I intend to narrow it down to two parts, the issues surrounding the class system in the american economy, as well as the wage gap amongst workers within each job. I want to look at the intended economic activity surrounding the pay structure, how it effects the workers, and the effects on the quality of life for people that are "victims" in this economic cycle.
The frist source that I intend to use is a video that describes the wage gap between the lower, middle and 1 percent of the american economy, it uses graphics to show the ideal gap between the classes, what people think the gap is, and the actually gap. it shows that there is a lack of knowledge within the american populous on this subject, and it shows how middle class america does not hold the power in the economy that it once had. It illustrates the issue in many graphs and it makes the enormity of the issue extremely apparent.
the second source that I am using focuses on the growth of the 1 percents equity in the overall economy, and how under the current system, they will become increasingly more rich, whereas the middle and lower classes will fund this to their own detriment. The author looks at the overall impact of this system on society and how it effects each level within the class system in america. The author also argues that this is destroying the normal middle class, and a new middle class is emerging, consisting of the top 20 percent of income holders within the united states. She also focuses on the detrimental impact the banking structure in the united states is having on the american population as seen in the 2007 recession.
The third source that may change focuses on the structure of pay amongst race and gender but it is lacing current statistics or evidence of a wage gap, it just describes the issue, so it may be of no use to me. It also seems aggressive towards one side of the argument so tt is looking to be less credible even though it is within an academic journal, so i need to find a more solid third source.