Long Report (2400)
S.SHARON
ABandOutlineRevision-1.docxOutline
Topic: How Political Influence Contributes to the Widening Gap of Wealth
Introduction: An overview of how political influence has resulted in the growing gap between the rich and the poor. Comment by 单双: You are writing a description of what you are doing. You need to write your idea. For example: Over the past several years, America has made one wrong step after another, resulting in an unreasonable widening of the wealth gap. ….Money attracts political influence and power. As a result, corporations and the financial elite have garnered a greater share of America’s political power and…
Thesis: The increasing concentration of the political power in corporate and financial elite have been able to influence the rules by which the economy runs and this has contributed to a wide gap between the rich and the poor.
Body
A: Alterations of the various forms of laws to suit the Rich Comment by 单双: Need a sentence to tie into the previous conclusion, which was your thesis for the entire paper. I sent out an email covering just these points earlier this week. I suggest that you read it. Grade for the Ab and Outline C+.
1. Bankruptcy laws. The types of laws were loosened in favor of the large corporations like airlines, manufacturers of the automobiles but were not extended to the small organizations that had huge burdens such as settling mortgages.
2. Tax Laws. The establishments of the loopholes in the tax laws to benefit the members of the private-equity funds.
B. Political Favoritism
1. Underinvestment by the government and business in “the commons,” areas where most of the residents are poor and thus have limited investments that will benefit them.
2. Weakening of the Labor Unions to bend the rules or alters the protection of the poor and favoring the rich
C. Unequal Influence
1. Inadequate K-12 in most of the regions inhabited by the poor and this limits their chances in the job markets.
2. Residential Zoning where people live in various areas based on their social classes and the benefits that go to such areas gets controlled by politicians.
3. Follow the money where most educated people make good living through lobbying and influencing the federal government and the influence limited to the lower social class.
D. Manipulation of the Economic Opportunities
1. Regulation and Control where the government regulates and have control on the private corporations to ensure that such businesses serve the best interests of the rich.
2. Stabilization and Growth through various aspects such as adjusting the rates of taxes, money supply and use of credit factors that mostly benefit the high socioeconomic class.
Conclusion: Giving a summary of the discussed points and restating the thesis statement. Provides a definite conclusion on how the government influence the increasing gap between the poor and the rich.
Annotated Bibliography
Beattie, A. (Feb 2, 2018). How Government Influence Markets. Retrieved from, https://www.investopedia.com/articles/economics/11/how-governments-influence-markets.asp
[Using in D1, D2]
Cowen, T. (October 13, 2012). That Blurry Line Between Makers and Takers. Retrieved from, https://www.nytimes.com/2012/10/14/business/the-role-of-politics-in-wealth-distribution.html
[Using in C1, C2 and C3].
Eisner, M. A., & Gosling, J. J. (2015). Economics, politics, and American public policy. Routledge.
[Using in D1]
Hudak, J. (2014). Presidential pork: White house influence over the distribution of federal grants. Brookings Institution Press.
[Using in D1]
Iara, A. (2015). Wealth distribution and taxation in EU Members. Office for Official Publications of the European Communities.
[Using in A3]
Kelly, N. (2016). Political Choice and Income Inequality in the United States. Retrieved from, http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.198.6923
[Using in D1, D2 and D3].
Pazzanese, C. (Feb 9, 2016). The Rich and the Rest. Retrieved from, https://www.usnews.com/news/the-report/articles/2016-02-09/the-costs-of-inequality-the-rich-and-the-rest
[Using in B1].
Reich, R. (March 28, 2015). The Real Reason for The Growing Gap Between Rich and Poor. Retrieved from, http://www.newsweek.com/real-reason-growing-gap-between-rich-and-poor-377662.
[ Using in A1, A2 and A3].
Reuben, A. (May 21, 2015). Gap between Rich and Poor keeps growing. Retrieved from, http://www.bbc.com/news/business-32824770.
[Using in A3, B1].
Tamai, T. (2015). Redistributive taxation, wealth distribution, and economic growth. Journal of Economics, 115(2), 133-152.
[Using in D1].
There seems to be some misunderstanding of what an outline should be.
Requirements
You must provide a non-defining, active voice, declarative sentence outline.
You break it down as I have explained a good story/report/whatever always appears unless otherwise instructed.
I. Introduction sentence as may appear in your report.
Idea sentence leads to your thesis.
Write your thesis sentence.
II. This sentence connects your thesis with your background and/or first proposition.
Write your thesis sentence for this section, and its topic should flow from the II sentence.
Write your conclusion for the section.
III. This sentence connects the conclusion (IIb.) with your thesis for this proposition (a transition).
Write your thesis sentence for this action.
Write your conclusion for the section.
IV. Then repeat until you have covered your propositions. You will probably need at least five propositions to write a 2400 report.
This is my classmate’s outline and she got A
Outline
1. Globalization and automation not only bring people a lot of benefits but also cause various problems.
A. Even though the whole economic pie is growing, the gap between the rich and the poor is widening.
B. Globalization and automation widen the wealth gap.
2. Globalization contributes to the inequitable salary distribution.
A. The salary of highly educated people increases faster than the lower educated people.
B. The multinational companies divide their work in industries where they have comparative advantages.
3. The American multinational companies try to outsource the manufacturing processes.
A. The demands for highly educated people rises in the market.
B. Globalization widen the wealth gap in the United States.
4. Globalization widen the wealth gap in the developing countries. Comment by Joseph Conlin: widens
A. Obsolete production line for developed countries needs highly educated people in the developing countries.
B. Globalization widen the wealth gap both in developed and developing countries.
5. The development of technology widen the wealth gap. Comment by Joseph Conlin: widens
A. Automation enlarge the wealth gap.
B. Automation eliminates jobs.
6. Robot will take routing and low-skilled jobs.
A. Companies prefer automation replace the workforce.
B. Automation crates more surplus values for the companies.
7. Automation increases the profits of the companies.
A. The rich benefits more profit from the automation.
B. Automation widen the wealth gap.
8. The poor get hurt in the automation.
A. Although automation will create some jobs, it not benefits the labor force.
B. Globalization and automation widen the wealth gap.
Excellent. Grade: A.
