Wealth, Philanthropy, Poverty and Inequality in America While we do not have time to cover every aspect of development in a 10-week course, it is essential to consider how these topics play out at...

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Title: Wealth, Philanthropy, Poverty and Inequality in America
Contents
Introduction    3
Neoliberalism    3
Ways it serves as a Framework for Americans Perceiving Poverty and Poverty Action    3
Peck explaining Neoliberalism    4
Past Readings    4
Major Difference between Corporate Responsibility and Corporate Philanthropy made by Leisinger    5
Leisinger Comparing Philanthropy and Charity and Need for Implementing Corporate Philanthropy    5
Potential of CSR Fighting Extreme Poverty    6
CSR Efforts Failing for Margaret Chang of the WTO and Barriers to Leisinger’s Solution    6
Conclusion    6
Works Cited    7
Introduction
This assignment covers the four aspects of the economy. In this assignment the wealth, philanthropy, poverty and inequality pertaining to the US has been discussed. The world is suffering from a huge disparity of wealth. The income inequality and the disparity of wealth is a major issue in today's world.
Neoliberalism
The term Neoliberalism refers to the ideas of social and economic values that can be incorporated in the minds of the people. The term Neoliberalism is an origin of the 20h century term, which leads to the idea of the laissez-faire economy. It refers to a market where there are restrictions or limitations. It is free market capitalism where the wealth and the profits incurred are distributed among all the parties equally. This is a way, by which the disparity can be reduced. This is a new age term. By the process of neo-liberalism, the first world countries are trying to improve the conditions of the third world countries (Giroux).
The inclusion of the third world countries into the market without any limitations or restrictions is stated as the Neoliberalism. Neoliberalism refers to a market condition and positions. It is the condition where the private owners can participate in the market by opening up their sectors and taking part in the economy. The concept of neoliberalism is also a concept of the economic liberalization (Gledhill). The main idea is to create equality among the people of the world.
Ways it serves as a Framework for Americans Perceiving Poverty and Poverty Action
Neoliberalism is the idea that pertains to keep the equality among the people of the world. America follows the concept of neoliberalism. Neoliberalism refers to the idea of the economic liberalism. America thinks that the concept of neoliberalism can help in the reduction of poverty. America understands poverty as the lack of basic amenities and the lack of industrialization (Cho et al.). The lack of industrialization is the major reason for the poverty in the third world country.
The concept...