institutionalized inequality
determined by distribution of scarce resources (anything people want that isn’t abundant enough for everyone to have as much as they want -> income/wealth, prestige, power)
What does the fact that 1/2 of global wealth is held by top 1% of people indicate?
Inequality/disparity is increasing
significance of structured inequality
absolute poverty
lack basic necessities of life (clothing, food, shelter)
relative poverty
poor compared to average Canadian
3 measures of poverty
LICO (low-income cut-off)
spending over 55% of salary on food and shelter
Market-basket measure
based on purchases of food
LIM (low-income measure)
fixed percentage of average household income
who are the poor?
liberal ideology
meritocracy
society where advancement is based on individual achievement
social mobility
since the 70’s, wealth Canadian families saw income increase, middle class income stayed the same, and the lowest 20% of families saw income decrease
achieved status
ascribed status
occupational mobility
only exists in middle of hierarchy, very rare to go “from rags to riches” and move from bottom of hierarchy to top
education and economic inequality
gender and economic inequality
women get paid less -> “women’s work” jobs like teachers, nurses, etc. are underpaid as well
power and economic inequality
power is source of wealth, occupation, schooling, etc.
how change theorists react to economic inequality
why is there economic inequality?
criminalizing poverty
people in poverty aren’t contributing to capitalism, so they are criminalized (ie. squeegee kids, homeless people)