Corporate America and Modern Society Essay -- essays research papers

Corporate America and Modern SocietyLarge corporations affect close to of society today, and these affects hold up split the U.S. workers into two factions. People are graceful frustrated over companies having huge lay-offs, firing thousands of employees, shutting down businesses, and locomote to countries like Mexico to force a bigger profit. What happens to those people who have families to larn care of? Where are they going to find money to pay for their childrens medical bills, education, food, and clothing? How are they going to tell their spouses that they now have to work two jobs to take care of costs for their family? Top executives of bulky corporations often earn millions of dollars a year in salaries, bonuses, and benefits while the coarse majority of people who work for them earn moderate wages, sometimes no more than the minimum hourly amount required by law. several(prenominal) people believe that this type of a system for hourly workings is wrong. Others arg ue that no change is possible without stifling human initiative. How efficiency the economic system be changed? Should it be changed?History of Large CorporationsThe industrial revolution in America during the early part of the 20th hundred brought many new changes to society with the introduction of factories, construction, and businesses. As time progressed with the years, weeny businesses soon started looking to increase their market nationally. As small businesses soon turned into large corporations, they began to spread across the country free people quality products anywhere in the United States. The economy was booming. challenger between businesses was moving at an incredible rate, producing many products and improving the porcine National Product. America was becoming the most powerful nation in the world. There were plenty of jobs for families to find work. As businesses grew, bureaucratic systems were set up within them to ensure better management. One man could no longish run his business alone. He needed supervisors to reach every employee. Hierarchies were introduced and so businesses were now ran by a select few individuals who were most in all probability the founders of the company, and they got all the profit. Capitalism rough people say that todays minimum wage is not a livable wage. That it doesnt make up for the cost of living in todays society... ...ple unavoidableness a change, there will be a change. Works CitedCody, David. fry Labor. 1987. http//65.107.211.206/victorian/history/hist8.html (1 May 2002).New York Times. Executive Paywatch 2002. 2002.. http//www.aflcio.org/paywatch/index.htm (24 April 2002).Moore, Michael. The spoiled One. 1996. Reich, Robert B. Goleman, Daniel. Point, counter point. Training & Development, April 1999. Vol. 53 essence 4 p26.Eisenscher, Michael. Sweatshop Abuses ride out. Nov. 30, 1997. http//www.hartford-hwp.com/archives/40/041.html (1 May 2002). Kronemer, Alexander. Narrowing the Wage Gap. periodic Labor Review. Nov99, Vol. 122 Issue 11, p79.Blau, Francine D. Kahn M. Lawrence. Wage Inequality International Comparisons of Its Sources. 1996. http//www.aei.org/cs/cs6931.htm. (22 April 2002)Kazis, Richard and Miller, Marc S. suffering Wage Workers in the New Economy. 2002http//www.urban.org/pubs/low_wage/index.html (24 April 2002)McCarthy, Jim. Salary Gap Continues to stretch Techniques Connecting Education & Careers, Mar 2002, Vol. 75 Issue 3, p8. Robertson, Michael. The Minimum Wage Some New Evidence. Journal of Labor Research, Winter 2002, Vol. 23 Issue 1, p1.