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Essay / Research Paper Abstract
It is said that the economic gulf
between the rich and the poor has never been greater than it is now. This 5
page paper examines the history of worker, management relationships and how it
relates to the distribution of wealth in the United States at present.
Bibliography lists 3 sources.
Page Count:
5 pages (~225 words per page)
File: D0_KTwlthdt.rtf
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Unformatted sample text from the term paper:
his or her career in terms of "personal strategies for survival" (Rosser, 1997, p. 6). Incomes were either autonomous or were based on membership within a craft wherein masters
were able to exploit journeymen and apprentices in a manner that Marx came to interpret as a distinction in class. Still, the basic structure of labor and management has
held its place in history as a necessary component of economic survival (Rosser, 1997). The emergence of the industrial society posed the conflict of labor and management which
has grown into an economically defined social stratification. "During the 1920s, the wealthy accumulated such exorbitant stocks of cash, they couldnt spend it all ... Lower and middle income
households, on the other hand, lacked wealth enough to meet their needs and were forced to borrow heavily. Many historians believe that this combination of growing personal debt and
a widening wealth gap destabilized the economy and precipitated the Great Depression" (Collins, 1999, p. 12). The student might want to use the above as an example to expand
on the historical precedence of income stratification. Sound familiar? The current economic situation is almost the same as it was just prior to the Stock Market Crash of
1929. While profits soar, wages have steadily decreased and workers systematically laid off. The United States is predicated upon the ideal of democracy or that "all men
are created equal". However, in terms of material wealth and social well-being, it seems that democracy has failed. Democracy is commonly defined as a political process and associated
with the mechanism of electoral rule, however, it is ineffably intertwined with the processes of government, economics and cultural mandates. Like a living organism, democracy must be born into
...