Inequality has been going on forever by David Leonhardt, first published in the New York Times on May 4th, 2014, introduces us to the subject of Inequality and how it could be avoidable. Leonhardt wrote this article to a variety of readers, including millenials, social classes, and even the people who want to make a contribution to society. As Leonhardt states, “Inequality then, is less an inevitability than a choice” (Leonhardt, 543). Leonhardt’s argument is despite that inequality seems like it has been going on forever, we have the freedom of choice to change it. It isn’t too late to fix inequality, unless us citizens fight it together. Social inequality can determine the money each person makes and spends. Many people think we have successfully
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For example, Picketty states in our hypothetical village, one large farm might produce $10,000 worth of crops in a year and yield $1000 in profit for its owner, as well as small farm may have mutual 10 percent rate return: $1000 in annual crop sales, yielding $100 in profit and if the large farmer and small farmer each spent all of their money every year, the situation could continue ad infinitum and if a large farmer saved $500 of that $1000 profit, he could have more capital gain, which the farmer would have more capital gain (Leonhardt, 544). As he states the fact that the rich earns the money to save and make the proper investments that other people cannot basically afford. Leonahardt then mentions that Picketty speaks out about the global wealth tax aimed straight towards at capital inequality than income taxes currently are (Leonhardt, 545). Leonhardt then makes a point afterwards that children who reside in small villages who attend school, go off to work in a factory, become managers, and magnify economic leaps, but it is because the poor people live life jubilantly, even if it signifies of not getting all the commodities they initially …show more content…
For example, my mother, grew up really poor in the country of Malaysia, possibly below poverty level, her parents had to work hard to save all the money they can to get my mother a good education, with her excellent grades and hard work she got into the University of Oklahoma and earned her bachelor’s degree in finance within only three and a half years. Whether we have financial inequality or not, we must motivate ourselves to fight inequality, no matter how secure we are about the money we make annually. Each and every one of us has a plot for a bright future ahead, whether if its furthering your education by enrolling in college or not, and if it’s going to lead us to do good, better, and wiser things, then we can all succeed and not only make a change for ourselves, but for the people today and for the people of the future. As Aristotle quote states, “In framing an ideal, we may assume what we wish, but we should avoid impossibilities”. Like Aristotle’s quote we may assume that Inequality will one day or not come to a close, but we should avoid the possibility that inequality cannot be stopped, we have to go out, take initiative and stop it for the people around us. I believe we can find ways no matter what education you have, to become smart, wealthy, and successful, all it takes is a lot of determination, dedication, and
For example, Picketty states in our hypothetical village, one large farm might produce $10,000 worth of crops in a year and yield $1000 in profit for its owner, as well as small farm may have mutual 10 percent rate return: $1000 in annual crop sales, yielding $100 in profit and if the large farmer and small farmer each spent all of their money every year, the situation could continue ad infinitum and if a large farmer saved $500 of that $1000 profit, he could have more capital gain, which the farmer would have more capital gain (Leonhardt, 544). As he states the fact that the rich earns the money to save and make the proper investments that other people cannot basically afford. Leonahardt then mentions that Picketty speaks out about the global wealth tax aimed straight towards at capital inequality than income taxes currently are (Leonhardt, 545). Leonhardt then makes a point afterwards that children who reside in small villages who attend school, go off to work in a factory, become managers, and magnify economic leaps, but it is because the poor people live life jubilantly, even if it signifies of not getting all the commodities they initially …show more content…
For example, my mother, grew up really poor in the country of Malaysia, possibly below poverty level, her parents had to work hard to save all the money they can to get my mother a good education, with her excellent grades and hard work she got into the University of Oklahoma and earned her bachelor’s degree in finance within only three and a half years. Whether we have financial inequality or not, we must motivate ourselves to fight inequality, no matter how secure we are about the money we make annually. Each and every one of us has a plot for a bright future ahead, whether if its furthering your education by enrolling in college or not, and if it’s going to lead us to do good, better, and wiser things, then we can all succeed and not only make a change for ourselves, but for the people today and for the people of the future. As Aristotle quote states, “In framing an ideal, we may assume what we wish, but we should avoid impossibilities”. Like Aristotle’s quote we may assume that Inequality will one day or not come to a close, but we should avoid the possibility that inequality cannot be stopped, we have to go out, take initiative and stop it for the people around us. I believe we can find ways no matter what education you have, to become smart, wealthy, and successful, all it takes is a lot of determination, dedication, and