2. z
Wealth Inequality in the U.S.
How is the country's wealth divide among the population?
The Working Poor in Dallas
3. z
Classes in the United States
Upper Class
1% of the population – Top 10
Usually inherited wealth (or “Old Money”)
Salaries are not the primary source of income.
Most have attended college, usually at some of the most
prestigious educational institutions
New Money - makes up about 15 percent of the population;
includes people whose wealth has been around only for a
generation or two.
4. z
Classes in the United States
Middle Class
34% of the population.
Work professional jobs.
Have college degrees or at least some college education.
Tend to be managers, doctors, lawyers, professors, and
teachers. They are often referred to as the White-Collar
Class.
5. z
Classes in the United States
Working Class
30% of the population.
May have gone to college, but more have had vocational or technical
training.
Jobs include electrician, carpenter, factory worker, truck driver, police officer
– Blue Collar Class
More likely to be members of unions than are people in the middle class.
Standards of living are similar but not identical to middle class. Values,
behaviors and voting trends differ
6. z
Classes in the United States
Poor & Working Poor
20 percent of the population
Low educational level and not highly skilled
Work at minimum-wage jobs, often working two jobs without health
insurance or benefits. No job security
Live near or below the Poverty Line
Poverty Facts
9. z Class in America
Reality #1
1/3 of the U.S. of the American population is living at one
extreme or the other, it is difficult to argue that we live in a
classless society.
Reality #2
The middle class in the United States holds a very small share
of the nation’s wealth and that share has declined steadily
The income gap between the very rich (1%) and everyone else (99%)
more than tripled over the past 3 decades – the largest concentration of
income since 1928*
10. z Class in America
Reality #3
Middle and Lower income earners share a tiny portion of
the nation’s wealth
80% of the population (4 out of every 5 Americans) shares 10%
of the nation’s wealth
11. z
Class in America
Reality #4
Lower-class standing is correlated with higher rates of
infant mortality, eye and ear disease, arthritis, physical
disabilities, diabetes, nutritional deficiency, respiratory
disease, mental illness, and heart disease
What could be the causes of this?
Lower-class has more difficulty securing housing, spend greater
portion of income to pay for food, health care and other basic
necessities
Lower-class also has greater likelihood to end up a victim of crime
12. z
Class in America
Reality #5
Class standing accurately predicts chances for survival,
educational achievement, and economic success
Students with higher social status have a higher probability
that he or she will get higher grades
Class mobility is rare and evidence shows “striking it rich” is
unlikely to happen
13. z
Class in America
Reality #6
Class mobility in the United States is lower than the rest of the
industrialized world
Benefits of a prosperous economy often go to the wealthy
Wages “may” increase
Economic downshift spread between classes – layoffs hit
both middle and lower class
14. z
Class in America
Reality #7
Inequality in the United States is persistent in good times and
bad times
Reality #8
The privileges that accrue to the wealthy are tied to the worlds
of capital and finance
Capitalists (Corporations) and Wall Street (the banks) often benefit from
the misfortune, abuse and exploitation of the lower classes worldwide
15. z
Class in America
Reality #9
Wealth and Power are closely linked
Class Structure in the U.S. based on Capitalism
Businesses are concerned with making profit and not with
meeting the needs of society
Wealth brings about political power which ensures they
will continue to gain from policies that benefit the rich
16. z
Class in America
Reality #10
Racism and sexism significantly compound the effects of class
in society
Issue of race and gender cut across class lines
Opportunities presented are limited based on race, gender, and class
Women who are poor and black are often subjected to all forces of class,
race, and gender discrimination simultaneously
17. z
Class in America
Chances of Being Poor in America
White male/
female
White
female
head of
household
Hispanic
Male/female
Hispanic
female head
of
household
Black
male/
female
Black
female
head of
household
1 in 11 1 in 5 1 in 5 1 in 3 1 in 5 1 in 3
18. z
White Privilege
White Privilege. The benefits, advantages, and opportunities
available to people who are identified as white; these
privileges can be economic, cultural, social, psychological, etc.
How White Privilege works
19. z
White Privilege
In what ways does White Privilege manifests itself today?
The Privilege Test
White Privilege: Unpacking the Invisible Knapsack
Do all whites benefit from White Privilege?
Do all whites benefit equally from White Privilege?