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Wealth in the usa the subject thesis

Commercial Sociology, Cardinal Health, Downtown Sociology, Central America

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Research from Thesis:

Wealth inequality brings about many Americans lacking access to necessities such as enough healthcare. It is additionally linked to moral and racial inequality and, as such, can be a source of sociable dissention. In the final analysis it is a sad real truth that this sort of radical disparities should exist in one of the innovative societies in the word.

Bibliography

Black Wealth / White-colored Wealth: A New Perspective on Racial Inequality. Retrieved June 25, 2009, from http://www.infibeam.com/Books/info/Melvin-L-Oliver/Black-Wealth-White-Wealth-A-New-Perspective/0415913756.html

Concentration of Wealth in the U. S. A. Retrieved June 25

2009, via http://web.pdx.edu/~psu01435/wealth.html

Domhoff W. Electric power in America: Prosperity, Income, and Power. Gathered June twenty-five

2009, via http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

Keister, L. (2005). Getting Abundant: A Study of Wealth Freedom in America. New york city:

Report specifics black-white prosperity inequality. Gathered June 25

2009, via http://www.msnbc.msn.com/id/7397962

Walsh D. (2008) America’s “Fortunate 400” control vast riches. Retrieved Summer 25

2009, from http://www.wsws.org/articles/2008/mar2008/rich-m07.shtml

Appendix

Figure 1 . Syndication of net worth and monetary wealth in america, 1983-2004

Total Net Worth

Leading 1%

Next 19%

Lower part 80%

1983

33. 8%

47. 5%

18. seven percent

1989

thirty seven. 4%

46. 2%

16. 5%

1992

37. 2%

46. 6%

16. 2%

1995

37. 5%

forty-five. 4%

sixteen. 1%

1998

38. 1%

45. 3%

16. 6%

2001

33. 4%

fifty-one. 0%

12-15. 6%

2005

34. 3%

50. 3%

15. 3%

( Resource: Edward And. Wolff in New York University (2007) from http://sociology.ucsc.edu/whorulesamerica/power/wealth.html)

Number 2: Wealth distribution simply by type of property, 2004

Expenditure Assets

Top 1%

Subsequent 9%

Bottom 90%

Organization equity

61. 9%

twenty eight. 4%

9. 7%

Economical securities

63. 8%

twenty four. 1%

doze. 1%

Concentration

47. seven percent

33. 9%

18. five per cent

Stocks and mutual money

36. seven percent

42. 0%

21. 2%

nonhome real estate property

36. 8%

42. 6%

20. 6%

TOTAL

55. 3%

35. 3%

18. 4%

Enclosure, Liquid Assets, Pension check Assets, and Debt

Leading 1%

Up coming 9%

Underlying part 90%

Deposits

20. 8%

40. 1%

39. 1%

Pension accounts

13. five per cent

44. 8%

41. seven percent

Life insurance

twenty-one. 4%

thirty eight. 0%

forty two. 7%

Principal residence

9. 8%

twenty-eight. 2%

62. 0%

Personal debt

7. 2%

19. 9%

73. 0%

TOTAL

12. 2%

33. 5%

54. 3%

( Source: Edward N. Wolff at New York University (2007) from http://sociology.ucsc.edu/whorulesamerica/power/wealth.html)

The relationship between power, national politics and prosperity is an important issue that will be investigated in the portions below.

In terms of types of economic wealth, “the top one percent of households possess 36. 7% of all privately held stock, 63. 8% of financial securities, and 61. 9% of organization equity. inch (Domhoff, 2009)

See appendix for tables that provide more in depth information on wealth distribution.

Walsh, 2008.

The information published inside the Wall Street Journal which is derived from an Internal Revenue Service (IRS) research of prosperous U. T. taxpayers in 2005, discloses that “the 400 super-rich –

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