Forty Acres And A Gap Of Wealth Essay

Improved Essays
Speculative Essay
The overall share of wealth is controlled by the top 1% in the United States. The total income of the United States is increasing every day however, the income gap between the top 1% and the middle is growing more every day. All the writers believe that the distribution of income among all residents in the United States is at its worst. The writers in this unit are aware of the unfair income distribution in United States therefore, these writers would support the raise of taxes on the wealthy.
Throughout his essay “We are the 99.9 percent”, Paul Krugman uses politics and statistics to support his argument that the 0.01% should be paying more tax. Krugman uses these statistics to explain the unequal distribution of wealth
…show more content…
Gate is very passionate about the African-American community in America and he believes that they shouldn’t be looked at as poor as a whole group but that people should know the huge gap there is among the black community and why. The significance of Gate’s essay “Forty Acres and a Gap of Wealth” is the focus of Forty Acres and a gap of Wealth which discusses the subject of class divide within the black community, and the advantages of property ownership. Gate refers to the 20 successful African-American and states that 15 of their ancestors owned land during the 1920 when only twenty five percent of black people owned land. He also informs his readers that the 40 acres and a mule that was known to be given to freed slaves by their owners is not true because that would allow the freed slave to build an establishment which is better than an average American. Gate also exhibits there is no excuse that people could make to not want to work and not go to school to have an education. Gate enforces that instead of looking at African American race as a whole and brusquely stating that they are poor, we should look at the gap of wealth and diversity within the

Related Documents

  • Improved Essays

    In the Gilded Age many people used greed to their advantage of becoming well known and wealthy. The definition of greed is the selfish desire for something, especially wealth and power. To the more fortunate, greed was a great thing because they kept gaining power from what they were doing, but to the less fortunate greed was seen as an awful thing because it gave them nothing to benefit from. Some people during this time that were seen as greedy would often give back to the community what they had taken away from it after they had passed. They would do this type of good deed to clear their name.For example some people invested it in libraries which helped people get the opportunities to get books and learn to read. This makes greed seems as…

    • 982 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    People are constantly on the move past and present, searching for something promising, more opportunities and a purpose. All of these fall into the category of migration, which is not a new phenomenon to us humans because throughout history, up until now, people were and are always moving from place to place which results in the changes in the population statistics. Some find migration as an opportunity to have a successful life, meanwhile for others, it is a challenging process. There were two eras in the American History that highlight this. They are the Gilded Age and the Roaring Twenties. The Gilded Age marked the economic climax of America, even though there was still poverty existing in the city and the rural areas. Many ideas and technology…

    • 1361 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    I believe we live in a society where the opportunity to be successful is supposed to be available to everyone yet isn’t. Each individual is supposed to have the opportunity to surpass their potential and become the best possible version of themselves yet they don’t. These days, success means graduating high school, going to college, and getting a well-paying job. But the opportunity to go to college isn’t available to everyone making it hard for them to get a well paying job and earn the money they need to survive.…

    • 520 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    In the book, “In Search of the Promise Land” by John Hope and Loren Schweninger, we see the troubles of a slave family as they go from being enslaved to free in the thriving and every expanding slave south. Like we see in reading by Walter Johnson “River of Dark Dreams: Slavery and Empire in the Cotton Kingdom”, the south during this time period is growing very rapidly and slaves are the main reason for it. The book follows the lives of Sally Thomas and her 3 sons. Sally gains the respect of her master and is allowed to become a quasi-slave, allowing her to do work off the estate in-order to make some extra money. Over the years Sally works hard and saved up money to try and buy hers’ and her sons’ freedom. Eventually sally is able to arrange…

    • 1023 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    bare necessities to the less fortunate not shifted to the most capable? The top 1% own 42% of the nation’s…

    • 1370 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Andrew Carnegie published his essay The Gospel of Wealth to fight for a change in capitalist world. He thinks that individual capitalist’s duty is to play a role in social and cultural influence, to improve the world. In his essay Carnegie mentions, “the duty of the man of wealth: first, to set an example of modest, unostentatious living, shunning display or extravagance” (The Gospel). Carnegie is saying that wealthy men need to be an example to everyone else. They need to act professional and appropriately and give back to those who need it. After some start to give back, hopefully others follow the same path they did and give back, this could lead to a chain reaction. He knows that society is not equal. Only few own their own business and…

    • 1082 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Furthermore, when analyzing the different classes, and the distributions of wealth and income in the United Sates; for instance, the upper, middle,…

    • 639 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Hannie Rayson Inheritance shows that inheritance is both a curse and a blessing. Raysons book shows that receiving goods or property can be an advantage and disadvantage. Dibs and Girlie fates were determined by the toss of a coin. While initially Dibs was cursed and Girlie happy with her freedom it did not work out as the twins thought. Lyle was cursed by inheriting Norm’s depression. Fighting over who gets the farm brings out ugly side of the character.…

    • 455 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    During the Gilded Age, there was a clear distinction between the rich and the poor. Many of the economic elite, Andrew Carnegie included, came to profit from the companies to the point where they controlled the majority of the nation’s wealth. They also came to agree with the views of Herbert Spencer, which was that the “fittest” would use their successes economically to help those in need (the weak); since they were rich, they were fit. This came to rapidly increase the inequality in society as the economic elite became wealthier, leaving a distinct gap between the rich and the poor. For the socialists, the wealth was clearly limited to few individuals and they argued that the wealth of the elite came from those who were working without proper conditions and little pay.…

    • 276 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    For example, data shows that the income of the top 1% increased by 148% while the income of the top 0.1% grew by 343%. Meanwhile, the income of the top 0.01% rose by an astonishing 599% (Krugman 388). These statistics show that while poor Americans are getting poorer, the rich are actually getting richer. The assertion that the wealth gap between poor and rich Americans is best conceptualized by Robert Reich in his article “Why the rich are getting richer and the poor, poorer.” In this article, Reich writes that Americans were in the same economic boat at one point in time. This was to change when people found themselves in three different boats, particularly in the 20th century when income inequality became evident. He writes that one boat containing routine producers was sinking fast while the second one containing in-person servers was sinking slowly. On the contrary, the third boat containing symbolic analysts was steadily…

    • 1155 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Andrew Carnegie, a self made millionaire stated “the man who dies thus rich dies disgrace” (Carnegie). The inspiration came from his belief that men like him held a great responsibility to contribute their wealth for the good of mankind. In his essay “The Gospel of Wealth” he emphasizes on how millionaires should spread their wealth even by leaving a positive impact in the world. However his main concern is how wealthy man should contribute to society when they’re alive.…

    • 805 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    The book Changes in the Land by William Cronon explores how the different ways of living – Indigenous and European – caused different altering effects on the New England environments. This review will note the main thesis of the book and how the author utilized evidence as support. Following this summary, the review will delve into the strengths and weaknesses of the book and their ultimate effect on the reader. The book’s main thesis is that: “New England ecology was transformed as the region became integrated into the emerging capitalist economy of the North Atlantic.” Thus explaining that European capitalism was integral for shifts from Native culture to actions which complemented European lifestyle. It was these shifts that irreparably…

    • 1463 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Wealth Inequality Essay

    • 567 Words
    • 3 Pages

    In 1976 , the wealthiest one percent of Americans owned 19% of all the private material wealth in the US Today, they own over 40% of all wealth. Their share now exceeds the wealth owned by the bottom 92% of the US population combined. (Edward N. Wolff, Top Heavy: A Study of Increasing Inequality in America Twentieth Century Fund: 1995). From 1976 till the present , the power of the wealthy has increased greatly meaning their power has increased as well. When a certain group constantly gains power they will abuse it and this can be seen with the unfair wealth distribution in this country. Although each person has the right to make as much money as possible, in the United States the government should however keep the income rise proportioned by taxing the wealthy more and the poor less. In recent years the opposite happened where the taxes on the wealthy were cut from a top rate of 68% in 1980s to 28.5% by 1988. The share of federal tax revenue paid by corporations has dropped from 33 cents of every dollar collected in 1953 to less than 10 cents today. (Donald Barlett and James Steele: America: Who Really Pays the Taxes? Andrews and McMeel:…

    • 567 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Although taxes have been in existence for around 5,000 years, many educated people are still left wondering who should have to pay what. (“Taxes”) The main idea that leaves large quantities of people divided is progressive taxation. Progressive taxation is the concept that the wealthy people of a nation should be responsible for paying their taxes at higher rates. While George F. Will expresses his negative thoughts about progressive taxation, George Lakoff and Bruce Budner are strong advocates behind this philosophy of progressive taxation. Despite the contrast in their opinions, their articles clearly demonstrate that they believe that their ideas will be best for both the wealthy and the economy of the United States as a whole.…

    • 740 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Should The Rich Be Taxed

    • 1416 Words
    • 6 Pages

    With America’s economy struggling, many citizens believe that the rich should be taxed more to help fix the economy. This issue has caused a division between those who believe the rich should be taxed more and those who do not. For example, when voting for presidents, this problem is a major factor of who gets voted into office. The reason that the rich can be taxed without the rest of the country being taxed is, America’s income tax system is set up by using a graduated tax bracket. This means that the more money a person makes, the higher the percentage of money they have to pay. The rich should not be taxed more because they already pay the highest percentage of their money to taxes, the government does not spend money wisely, and the rich…

    • 1416 Words
    • 6 Pages
    Improved Essays