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Unformatted text preview: Angela Shamay Anatomy of Wealth URST101: URBAN POVERTY AND AFFLUENCE HOMEWORK ASSIGNMENT # 1 Due: 9/10/2006 1) According to the Economist, is the United States a meritocracy? Why or why not? Please include in your answer a discussion of the evidence for declining mobility since the 1970s. In order for a system to be meritocratic, a person must be judged by ability and not by social status/culture. I dont believe the U.S. is a meritocracy because income inequality is growing. The incomes of the richest fifth increased by 70%, while the incomes of the poorest fifth increased by 6.4%, according The Economist. People who are rich tend to stay rich and get richer, while people who are poor tend to have problems climbing the social class ladder. There is also discrimination among occupations. Social mobility has declined since the 1970s because the statistical figures are shrinking and more people in the lower ranks have trouble climbing the class ladder as time goes on....
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- Fall '07