Social inequality continues to be created despite the fact the government has tried hard enough to put enough measure to control it through taxation. In United States, there is a big Gap between the upper class, middle class and the lower class. This gap continues being created due to the fact that there is a huge difference between the executives’ and workers’ salaries. The high salaries are paid to the executive due to the fact that they are involved in making important decisions in the organizations they run unlike in other countries where the salary gap is lower as the making of decision is brainstormed among all workers.
Many argue that the high salaries paid to executive in United States in not justifiable but according to my opinion, since they are the key decision makers in the organization they run, they deserve to be remunerated handsomely. The success or failure of the organization lies on the hands of the executive and for this case, he must ensure he uses all his expertise to ensure he run the organization competently in order to achieve the organizational goals and objectives.
Before one heads an organization, he must be well qualified and experienced to hold that position and for this case, these individual demand high remuneration in order to take up the position. If the executive is not remunerated properly, he tend to search for greener pastures else where. Due to this reason, organization usually pays them high salaries to avoid disappointment of that executive leaving that organization in search for greener pastures.
Proletariats in order to earn a living, have to seek employment opportunity from a capitalist employer. Even though the working class are the sole contributor labor hence no production can take place without them, they must seek employment since they do not have resources to enable them generate income of their own. Marx and Weber had predicted that the gap between the upper class and the lower class would lower where the working class overthrows the elites (bourgeoisie) or the owners of production.
The capitalist are known to have been keeping salaries low in order to maximize their profit. The exploitive relationship has continued over the years and the working class has to continue producing goods for the bourgeoisie in order to earn a living. In a capitalist society, the exploitive motive of the capitalist employers has been conquered. This is as a result of many people being enlightened on how to accumulate wealth during their employment period and becoming their own bosses too.
On the other hand, the workers have got several other employment opportunities to seek employment from in case they feel they are being exploited by their current employers. Labor laws on the other hand have been on the front line try to fights for the workers rights more so on the raising their salaries and wages. Workers too have formed workers movements that fight for their rights that they feel they are being exploited by their employers.
Due to this fact, workers are said to have overthrown the bourgeoisie and the idea of exploiting them as far as their wages and salaries are concerned is no longer there. Marx and Weber indeed predicted that later in life, the working class would overcome the social exploitation of the bourgeoisie and this is what is happening nowadays. If this tread continues, in a couple of decades to comes, the gap between the upper class and the lower class with go even lower.
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Capitalism and Modern Social Theory:- An Analysis of the Writings of Marx, Durkheim and Max Weber: Cambridge; Cambridge University Press Giddens, A. and Held, D. (1982): Classes, Power, and Conflict: – Classical and Contemporary Debates: Berkeley; University of California Press