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Application one power point

amhaas
27 Sep 2012
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Application one power point

  1. Written by: Gregory Mantsios
  2.  In American vocabulary, adjectives denoting class are avoided  “Low class” is replaced with a person’s ethnicity, race, or geographic location  “Working class” identifies with a person’s employer or industry  Class identity has been stripped from popular culture  We are aware of class distinctions we simply don’t acknowledge them because it is seen as un-American  The only two exceptions to this are: Middle Class and “the wealthy” or “the poor”  Middle Class is used in politics to attract the broadest constituency  “The wealthy” and “the poor” are used as voyeuristic glimpses into the extremes
  3.  Myth #1: The United States is a classless society; class distinctions are largely irrelevant; regardless of income all Americans receive the same rights to healthcare and education  Myth#2: We are largely a middle class society despite variations is economic status  Myth #3: We are all getting richer; as a society Americans are climbing the economic ladder; the global economy is bringing most if not all American’s prosperity  Myth #4: Everyone has an equal chance to succeed; success in America only relies on hard work, perseverance, and sacrifice
  4.  The wealthiest 1% of American’s own 34% of the national wealth, or 1/3 of all financial assets  The wealthiest 20% own 85% of the household wealth  There are nearly 400 billionaires in the US but it would take the average American 298 lifetimes to amass $1 billion dollars  13% or 1/8 of Americans live below the calculated poverty line  3.5 million (1.4 of which are children) experience homelessness  From 2003 to 2004 the yearly income for the top 1% increased by 20% while the bottom 80% only averaged and increase of 2.7%  Between 1979 and 2003 the average income for the top 1% increased by 111% while the middle fifth only saw an increase of 9% for the same time frame
  5.  Reality #1: There is an enormous difference in the economic standing of Americans; a large amount of American’s occupy opposite ends of the economic spectrum  Reality #2:The middle class of American actually holds a small share of the wealth of our country and even that share is steadily decreasing; the gap between the rich and the poor is greater than ever
  6.  37 million people live in never-ending poverty  However, American poverty is described as the “best dressed” poverty in the world because it is nearly impossible to distinguish class from out ward appearance  Class differences in American dictate: -where one lives -who their friends are -how well they are educated -what they do for a living -what they expect from life  Class affects both physical and mental health with low class showing increased rates of: -infant mortality -arthritis -diabetes -respiratory disease -heart disease -eye and ear disease -physical disability -nutritional deficiency -mental illness
  7.  The higher your class ranking the higher your life expectancy  Lower class has:  Difficulty in finding appropriate housing  More time spent on daily routine tasks  A greater percentage of income going to pay for food  A higher rate of victimization
  8.  Reality #3: Even ignoring the extreme poles in the economic spectrum, we are still faced with extreme differences in the life-styles of the haves and the have- nots  Reality #4: From birth to death, class standing has a significant impact on an individuals chance of survival
  9.  Family income directly correlates to SAT score and grades  Students from upper-class families are twice as likely to obtain training beyond high-school and four times as likely to obtain a postgraduate degree  1 in 5 people surpass the economic status of their parents  2/3 of people with incomes over $100,000 have inherited family assets
  10.  Reality #5: Class standing has a significant effect on chances for educational achievement  Reality #6: All Americans do not have an equal opportunity to succeed
  11.  Class domination is one force behind keeping individuals from realizing their true potential  The class system in America is due to its economic system: capitalism, which promotes private vs public ownership  Enterprises produce for the owners profits instead of fulfilling societal needs  Class divisions arise between those who have corporate control and those who do not  Race and gender cause issues as well however most of these issues cross economical gaps; poverty increases and varies by gender and race: -a white male has a 1/12 chance of being impoverished -black female has 1/3 -Hispanic male has 1/5  Being female and non-white increases the chances of being impoverished and having a low class status
  12.  Reality #7: Racism and sexism compound the effects of class in society
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