Sociology 1027A/B Lecture Notes - Lecture 3: Cultural Capital, Social Mobility, Gini Coefficient
Document Summary
In 2015, 62 individuals had the same wealth as 3. 6 billion people the bottom half of humanity. Over time, through occupy protests and movements, we haven"t changed much. It violates our sense of social justice. Massive inequality hampers economic growth and development. Look at who these 62 people are the damage that they have created to other people; not creating much for other people. Though not all true e. g. bill gates. It is bad for democracy (money buys influence, these people are active lobbyists and share connections in politics) Worse today than in the past (same in u. s. ) Most unequal (exception of italy) are english speaking countries. Left untreated because unequal access to healthcare. Some of these outcomes are very relative in unequal society: E. g. the u. s. offers the best and the worst health care in any industrial nation. Top 5 happiest countries in the world are part of europe. Individuals in equal societies more likely to vote.