The Conflict Theory of Sociology

Focus is on separating the stiff from have nots" (Conflict 1). In this sense, wealthy CEOs utility from lucrative payouts at the outlay of shareholders or employees, from companies like Enron to Home Depot.

In two hundred6 Pfizer's enthalpy McKinnell and Home Depot's Robert Nardelli both veritable exit packages over $200 million individually, despite declining memory performance at each company (Executive 4). Legislators, also wealthy and powerful, voted for huge bailout plans to many corporations that were mismanaged and where executives current enormous payouts. These came from hardworki

ng-taxpayer dollars, despite the event that many of these executives looted pension plans or devalued stock prices for workers at their companies.

Countrywide Financial Corporation CEO Angelo Mozilo received a severance package of more than $37.5 million, despite the firm's also-ran (Executive 2). Because CEOs or corporate America and legislators are powerful and wealthy, the accessible institutions they create and misrepresent (corporations, education, law enforcement, etc.) are shaped to benefit them and reinforce their own wealth and power at the expense of poorer groups in American society.

Economically, this disparity in power and control over resources is quite evident in a Harris tip taken last July. The Poll showed that 77%
Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.