Income Inequality is becoming more common, and rising to new heights—higher than we can probably imagine. If the amount of inequality continues to increase, though, aren’t there going to be consequences that come with them? Sociologists point out that, throughout history, every society that has allowed inequality to increase has experienced a serious breaking point or crisis. So the question is what could possibly happen? There are quite a few things that we could imagine happening that will become a major crisis. The worst thing that could possibly happen is the economy coming to an indiscrete halt. There is already a lot of inequality in the United States, most individuals, has recognized it to be true. Many individuals, because of knowing that income inequality exists, have taken to the streets, protesting. However, if the income inequality in the country continues to rise while social mobility declines, then there may be more than just protests. Fifty years from now there could be riots; there will be crime on the rise. It would be a social breaking point, as people suddenly find their lives coming to some sort of halt, when they find that they can barely get by when people are creating conflict, and calling for a sort of economic reform until they get what they want. Until then, it would be anarchy. It’s possible that this will never happen but if conditions are met then the chance is very much there. Another possible consequence, although not as drastic, could be the annihilation of the middle class all together. We already know that people born into middle class families have equal chances to either move up or move down. We don’t exactly see it right now, but the middle class is becomes increasingly small, it has decreased slowly as the years go by, mobility stalls, and income inequality soars to new heights. There is only one thing to deduce from this: the people of the
Income Inequality is becoming more common, and rising to new heights—higher than we can probably imagine. If the amount of inequality continues to increase, though, aren’t there going to be consequences that come with them? Sociologists point out that, throughout history, every society that has allowed inequality to increase has experienced a serious breaking point or crisis. So the question is what could possibly happen? There are quite a few things that we could imagine happening that will become a major crisis. The worst thing that could possibly happen is the economy coming to an indiscrete halt. There is already a lot of inequality in the United States, most individuals, has recognized it to be true. Many individuals, because of knowing that income inequality exists, have taken to the streets, protesting. However, if the income inequality in the country continues to rise while social mobility declines, then there may be more than just protests. Fifty years from now there could be riots; there will be crime on the rise. It would be a social breaking point, as people suddenly find their lives coming to some sort of halt, when they find that they can barely get by when people are creating conflict, and calling for a sort of economic reform until they get what they want. Until then, it would be anarchy. It’s possible that this will never happen but if conditions are met then the chance is very much there. Another possible consequence, although not as drastic, could be the annihilation of the middle class all together. We already know that people born into middle class families have equal chances to either move up or move down. We don’t exactly see it right now, but the middle class is becomes increasingly small, it has decreased slowly as the years go by, mobility stalls, and income inequality soars to new heights. There is only one thing to deduce from this: the people of the