Researching of Inequality in Economy Essay

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Inequality means that the rich and the poor have different incomes and affect wealth. Without inequality, economic stagnation and lack of enterprise would exist, which have numerous negative consequences and deeper societal issues. Monopoly power allows firms to raise consumer prices. Consumers benefit from monopoly shareholders. A monopsony can hire workers below the competitive equilibrium with market power. A declining marginal utility of income can lead to social conflict (Pettinger). It can incite riots or increase crime rates. According to this story, unemployment is the leading cause of poverty because it is a market failure caused by inefficient resource allocation.

Racial prejudices seem to limit his life and career choices, evidenced by his tendency to portray white male characters as superior. Grant’s desire to free his social constraints grows throughout the story (Rincon). Grant is being pushed to his limits by his aunt’s insatiable desires, the demands of his students as teachers, and the community’s desire for proper leadership. One must first understand why inequality exists to determine if it is beneficial. “Or you might never go home. And—it’s important always to have with you something of your own. That is really yours” (Capote). For example, those without access to education face more severe challenges than those with a diverse set of skills. The book examines the status of African Americans in the South after WWII and before the Civil Rights Movement. As seen through the eyes of an African-American schoolteacher in Jim Crow-era America, this film explores what it was like to feel helpless and cut off from her country.

Grant is the only black man in the story with a college degree and the only black person who can overcome institutionalized racism (Lynch). The lesson’s plot revolves around the struggles of poor and oppressed people in an oppressive and racist society to gain pride and dignity. Before moving on to Jefferson’s trial and execution, the novel retraces Alcee Gropé’s murder. Bayonne, a black, segregated city in New Jersey, reacts to Jefferson’s death. The black community’s grief and sorrow over Jefferson’s execution can partly be understood because most whites view it as an unpleasant but necessary task.

Works Cited

Capote, Truman. In cold blood. Random House Digital, Inc., 2013.

Irawan, Nico, Fabiola Dharmawati Kurnia, and Ali Mustofa. “The Psychological Conflict of Jefferson in a Lesson Before Dying by Ernest J. Gaines.” English Focus: Journal of English Language Education 3.1 (2019): 1-10. Web.

Pettinger, Tejvan. “Pros and Cons of Inequality – Economics Help”. Economics Help, 2021.

Rincon, Samantha. A Lesson before Dying or a Lesson for Living? How One Nine-page Chapter, in Ernest J. Gaines’ A Lesson before Dying, Connected the Lines between Life, Death, and Everything in Between? Arizona State University, 2019. Web.

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IvyPanda. 2022. "Researching of Inequality in Economy." December 22, 2022. https://ivypanda.com/essays/researching-of-inequality-in-economy/.

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IvyPanda. "Researching of Inequality in Economy." December 22, 2022. https://ivypanda.com/essays/researching-of-inequality-in-economy/.

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