Question
1)It must describe the dynamics and scope of the social problem. This requires doing research. 2)It must use the triangle model of social analysis by
1)It must describe the dynamics and scope of the social problem. This requires doing research.
2)It must use the triangle model of social analysis by thinking through the role of ideology and institutions and their impact on individuals and communities.
3) a section with recommendations for social change based on research. Include an explanation on why chose those solutions
using these info work on the above questions
Thesis:
Wealthy elites and corporations are favored in society through law and policy, making life more difficult for middle and working-class people.
Politically speaking, this group leans towards the left, primarily due to humble upbringings, diverse background exposure, and empathy for struggling people. The issue of corporations holding excess power in government and society is prevalent in all places in the world. Each group member grew up in different parts of the world with various issues associated with each region, but the institutional privilege of the wealthy remains constant. This bias towards elites has far-reaching impacts on every aspect of life for the average person. For example, insulin prices have skyrocketed due to the United States' highly fragmented healthcare system. "Retail insulin prices (the amount one pays without insurance) have skyrocketed. Between 2007 and 2018, the cost of some insulin products has increased by more than 200%. People with little-to-no health insurance coverage have reported paying more than US$1000 per month when higher insulin doses are required" (Hirsch, 2022). Lawmakers are equally as responsible for this as greedy pharmaceutical and insurance companies. "As part of the Inflation Reduction Act, the Biden administration proposed a $35-per-month limit on insulin costs in the private market too, but the U.S. Senate rules official, known as the parliamentarian, decided that this cap did not comply with the budget reconciliation process" (Hirsch, 2022). This is a prime example of how the government favors corporate wealth over the well-being of its people. Over 37 million people in the U.S. have diabetes, so insulin is a massive revenue-generating opportunity. . In addition, the capacity of wealthy elites and corporations to use their position and money to influence the regulatory process in favor of their interests' results in legislation that is unfavorable to the middle class and the working class. A further example may be seen in the pharmaceutical industry's practice of regulatory capture. The pharmaceutical industry has been thriving in its lobbying efforts to prevent the government from regulating the pricing of drugs. As a direct consequence of this, the cost of medication in the United States is much more expensive than in other countries. Following the latest medical and life science news, Take, for example, the oft-cited 2021 study by Rand that found, based on 2018 figures, drug prices in the U.S. were, on average, 2.56 times the drug prices in 32 other Organization for Economic Cooperation and Development countries." (Lily Ramsey, 2023)
Step by Step Solution
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Step: 1
1 Dynamics and Scope of the Social Problem The social problem at hand revolves around the disproportionate power and influence wielded by wealthy elites and corporations in society This dynamic signif...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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