Rich Getting Richer Analysis

There are rich people and poor people, sick and healthy people. There are rich countries and poor countries. Some kind of inequality of status, wealth, health and power has been characteristic of the society we have come to know. Whether you like it or not, realize it or not or even care to admit to it, people are products of their environment, which has led to the wealthy increasing their wealth and the poor becoming more poor. This outcome has in turn led to the surge in the inequality gap. In order for our society to operate, there must be rich people and there must be poor people for the purpose and benefit of establishing and encouraging globalization, the economy and community relations. As a way to establish the world, there needs to …show more content…
In the “Why are the Rich Getting Richer,” Robert Reich discusses how the lower class continues on getting more poor due to the job loss because there are others willing to work for less money. While the middle class, have reached a bit of a plateau, but are still not doing well compared to machines replacing workers, lower salaries and competition from immigrants. On the other hand the upper class is exceeding all. This is a non direct way of pitting the poor up against the rich, which is a major contribute to the issue. There are going to be rich individuals and those who are less rich, giving meaning to what it is to be rich vs. poor, or at least poorer. When focusing on the rich or the poor, it becomes limiting and ultimately a catch twenty-two situation. If you are too concern about the poor, its seen as compassion, if you are too concerned about the rich, it is seen as jealousy. Ultimately, you should not just take from the rich because they have more, that will only snowball into a larger …show more content…
According to Warren Buffet, he states in Forbes magazine “no conspiracy lies behind this depressing fact: The poor are most definitely not poor because the rich are rich.” There seems to be a tendency to put the blame on a certain issue (here being the rich) as if it would be an easy fix. Buffets credits, Henry Ford, Steve Jobs and Sam Walton on colossal contributions to America’s well being. It was Ford who expanded the middle class by lowering the entry point and introduced the living wage concept. Jobs reinvented sales and increased productivity. Walton contributed to schools, churches and other charitable causes. These three, along with countless individuals have stood as icons, people to look up to and aspire to be. Economies depend on entrepreneurs, who act as a catalyst in activating and stimulation all economic