Leaders Ethical Roles in Balancing between Equity and Identity
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The animated website tools used to explain the reality of income inequality based on identity in America stood out for me. It is thrilling to watch the animated video and pictures elaborating how inequality is an area of concern and how it affects various sectors of the economy.
Watching the website’s animations has given me a new and exciting dimension of how inequality is created. It’s merely a happy feeling watching the animated website video primarily due to the clear illustrations of how identity is affiliated to income inequality in America and a heightened gap between the rich and poor where 90% of the population is disadvantaged. In comparison, 10% of the people are affluent and controls the American economy. As Professor Robert Reich explains, currently, an American president takes homes about 20% of America’s income an equivalent of 35% of America’s wealth. The economic inequality has been fueled by poor macroeconomics, labor, education trade, labor and financial regulation policies which shifted the economic power from low income earning families.
I’m surprised to learn that inequality is real, personal, and expensive, and it was created and has been a gradual process in the US since the late 1970s in America. Tax rates have been slashed starving public investments like roads, schools and all the economy building necessities. Governed globalization has protected corporate interests while they systematically dismantle American workers’ rights. Policymakers protected the wealthy through slashing down the taxes claiming to curb inflation, and in the end, the low-income families suffer due to inadequate public social amenities.
Leaders in America has ethical roles such as enacting ideal policies that protect public interests. Macroeconomics, trade, tax, education, labor and financial regulation policies should be suitable for low-income families’ Interests. The politicians should also cut their salaries and pay taxes, which would help low-income families leaders’ ethical role to enact policies that protect low-income earners and help fight income inequality based on identity.