See As The Rich Is Getting Richer…

711 Words3 Pages
See as the rich is getting richer the poorer is getting poorer, see mi y Maria on the corner thinking of ways to make it better, in my mailbox there's an eviction letter signed by the judge say see you later (Duplessis et al, 1999); a lyrical snippet from Maria Maria emphasizes that in relations to wealth it is widely agreed the rich are getting richer while the poor get poorer. One can explain how social and cultural capital contributes to social stratification. As well as, both capitals being used as barriers that supports the ‘rich getting richer while the poor get poorer’. Together wealth and income give people a sense of well-being, but they are unequally distributed in Canada; hence, social stratification, the way society is organized in layers. Looking at wealth alone, the rich are getting richer and the poor, poorer. Dividing Canadian families into the poorest fifth (or “quintile”), the second-poorest fifth, the middle fifth, the second-richest fifth, and richest fifth, over a 21-year period the big winners were the richest families (Byrm and Lie, 2011). The net worth of the richest quintile increased by more than 64 percent; whereas, the bottom quintile of families was on average $1000 poorer (Byrm and Lie, 2011). What explanation is there for the distribution of income, you ask? A simple explanation for income equality is; natural talent, effort, skill-rich environment, developed skills, and social and cultural capital collectively lead to economic success. Natural talent takes effort and years of practise and dedication to perfect the chosen craft. Through training, coaching, or schooling the initial skill is developed and fine-tuned. Last, the acquiring of social and cultural capital is crucial to provide the connections and culture towards finding a good job. According to Brym and Lie social capital stresses your networks and connections with others,

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