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Justification of Inequality by
            Elite?
          Jeff Smith




          Free Powerpoint Templates
                                      Page 1
The Facts
• The Top 1% are using
their money and authority
to stay at the top.

• Why is this happening?




               Free Powerpoint Templates
                                           Page 2
Schooling

• With educational attainment going
  increasingly to the children of the affluent
  and educated it increases the wage gap
  more.
• We appear to be developing a self-
  perpetuating elite that reaps a greater and
  greater share of financial rewards.


                Free Powerpoint Templates
                                            Page 3
Poor Schools
• The National Education Association has made
  an effort to eliminate any contract language that
  forces the best teachers to schools with high-
  needs (rich schools).
• Better schools for poorer communities would
  dramatically increase the potential for success
  regardless of race or gender.




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                                               Page 4
Inequality in the Workplace
• The median female income has risen
  faster than the male median, growing from
  about two-fifths in 1960 to three-fifths in
  2008.
• Still, women remain over-represented
  among low income earners and under-
  represented among the super rich.
• WHY?


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                                           Page 5
The Cost of Being A Mother
• Working mothers not only earn less than men, but
  also less per hour than childless women.
• “The pay gap between mothers and non-mothers
  under age thirty-five is now larger than the wage
  gap between young men and women.” (K& O-R
  340)
• Women have a greater likelihood of interrupting
  their careers for childbearing and other family
  work. This makes females a poorer long-term
  human-capital investment for a company.


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                                              Page 6
Family
• “…But fathers with working wives, who
  presumably had a few more domestic
  responsibilities, earned almost 20 percent
  less. There it is again: a 20 percent family
  wage gap.” (K& O-R 342).
• The reason given by executives is that
  fathers from dual-career families put in an
  average of two fewer hours per week (4%
  less) than men whose wives were at home.

                 Free Powerpoint Templates
                                             Page 7
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                            Page 8
Article 1

• The Paradox of the New Elite

• http://www.nytimes.com/2011/10/23/opinio
  n/sunday/social-inequality-and-the-new-
  elite.html?pagewanted=all




               Free Powerpoint Templates
                                           Page 9
Article 2

• For Women in the Workplace, an
  ‘Upgrade Problem’

• http://www.nytimes.com/2011/01/27/world/
  europe/27iht-women27.html?
  pagewanted=all



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                                           Page 10
Brick Lane

• Nazneen is forced to marry Chanu
• Nazneen tries to adapt to her situation, to
  obey her husband and be content.
• However, she learns through friends and
  her daughters over time that she doesn’t
  have to be content with this lifestyle.



                Free Powerpoint Templates
                                            Page 11
Change

• It only makes sense to hire people based
  on their experience/skill and to pay based
  on solely on that.
• I believe that for serious change to happen
  people will have to bring it to court.




                Free Powerpoint Templates
                                            Page 12
The Future
• “In their impatience for change, these
  women often forget that their rise to
  becoming half or more of the work force in
  many places took place recently — in the
  past 50 to 60 years.” (Clark).
• In the years to come women will hold
  more elite positions in the workforce and
  society in general.


               Free Powerpoint Templates
                                           Page 13
Free Powerpoint Templates
                            Page 14

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Elite justification

  • 1. Justification of Inequality by Elite? Jeff Smith Free Powerpoint Templates Page 1
  • 2. The Facts • The Top 1% are using their money and authority to stay at the top. • Why is this happening? Free Powerpoint Templates Page 2
  • 3. Schooling • With educational attainment going increasingly to the children of the affluent and educated it increases the wage gap more. • We appear to be developing a self- perpetuating elite that reaps a greater and greater share of financial rewards. Free Powerpoint Templates Page 3
  • 4. Poor Schools • The National Education Association has made an effort to eliminate any contract language that forces the best teachers to schools with high- needs (rich schools). • Better schools for poorer communities would dramatically increase the potential for success regardless of race or gender. Free Powerpoint Templates Page 4
  • 5. Inequality in the Workplace • The median female income has risen faster than the male median, growing from about two-fifths in 1960 to three-fifths in 2008. • Still, women remain over-represented among low income earners and under- represented among the super rich. • WHY? Free Powerpoint Templates Page 5
  • 6. The Cost of Being A Mother • Working mothers not only earn less than men, but also less per hour than childless women. • “The pay gap between mothers and non-mothers under age thirty-five is now larger than the wage gap between young men and women.” (K& O-R 340) • Women have a greater likelihood of interrupting their careers for childbearing and other family work. This makes females a poorer long-term human-capital investment for a company. Free Powerpoint Templates Page 6
  • 7. Family • “…But fathers with working wives, who presumably had a few more domestic responsibilities, earned almost 20 percent less. There it is again: a 20 percent family wage gap.” (K& O-R 342). • The reason given by executives is that fathers from dual-career families put in an average of two fewer hours per week (4% less) than men whose wives were at home. Free Powerpoint Templates Page 7
  • 9. Article 1 • The Paradox of the New Elite • http://www.nytimes.com/2011/10/23/opinio n/sunday/social-inequality-and-the-new- elite.html?pagewanted=all Free Powerpoint Templates Page 9
  • 10. Article 2 • For Women in the Workplace, an ‘Upgrade Problem’ • http://www.nytimes.com/2011/01/27/world/ europe/27iht-women27.html? pagewanted=all Free Powerpoint Templates Page 10
  • 11. Brick Lane • Nazneen is forced to marry Chanu • Nazneen tries to adapt to her situation, to obey her husband and be content. • However, she learns through friends and her daughters over time that she doesn’t have to be content with this lifestyle. Free Powerpoint Templates Page 11
  • 12. Change • It only makes sense to hire people based on their experience/skill and to pay based on solely on that. • I believe that for serious change to happen people will have to bring it to court. Free Powerpoint Templates Page 12
  • 13. The Future • “In their impatience for change, these women often forget that their rise to becoming half or more of the work force in many places took place recently — in the past 50 to 60 years.” (Clark). • In the years to come women will hold more elite positions in the workforce and society in general. Free Powerpoint Templates Page 13