In a capitalist economic system, like the economics in America, there will always be a person who has less than another. The government will try and close the gap by providing opportunities and resources for those in need, but there will always be a lower class in America’s current economic system. This is not a bad situation, nor is it a good one. During economic upturn the lower class and middle class will gain and the gap will become smaller. The opposite is true for when the economy takes a dive. Robert B. Reich is a Professor in the Heller Graduate School at Brandeis University, and while he does not have a doctorate in economics, he has written numerous books on the subject. He has also served as the secretary of labor under the first
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Reich is accurate in his essay on economics, Why the Rich Are Getting Richer and the Poor, Poorer, because routine workers and in-person servers are getting poorer while symbolic analysts are getting …show more content…
Reich states in his essay, “The boat containing routine producers is sinking rapidly” (Reich). According to Reich, the cause of this is the connectedness and dependence on global economies. When the factory worker was the most populate job in the country, they rose and fell as the companies did. A large portion of a company’s earnings went to the production workers and the middle managers. This created an affluent middle class capable of buying the great things produced in high volume by their company. Today, however, most jobs in America are being lost to the working man of other countries. They are not accustom to the same conditions and rights as American workers, so they will work for much less. “Most Brazilian workers are hired on a contract basis, which means they can be laid off more easily in a downturn… ‘American farmers use Mexican workers to run their farms,’ says Mr. [Motosa Katayama]. ‘So we said, why couldn 't we Japanese farmers use foreigners too’” (Yuka). The use of foreign workers to cut cost in the labor is a device used by many companies now in an effort to save money. Consequently, the factories and routine working jobs that use to fill this nation are nonexistent
Reich is accurate in his essay on economics, Why the Rich Are Getting Richer and the Poor, Poorer, because routine workers and in-person servers are getting poorer while symbolic analysts are getting …show more content…
Reich states in his essay, “The boat containing routine producers is sinking rapidly” (Reich). According to Reich, the cause of this is the connectedness and dependence on global economies. When the factory worker was the most populate job in the country, they rose and fell as the companies did. A large portion of a company’s earnings went to the production workers and the middle managers. This created an affluent middle class capable of buying the great things produced in high volume by their company. Today, however, most jobs in America are being lost to the working man of other countries. They are not accustom to the same conditions and rights as American workers, so they will work for much less. “Most Brazilian workers are hired on a contract basis, which means they can be laid off more easily in a downturn… ‘American farmers use Mexican workers to run their farms,’ says Mr. [Motosa Katayama]. ‘So we said, why couldn 't we Japanese farmers use foreigners too’” (Yuka). The use of foreign workers to cut cost in the labor is a device used by many companies now in an effort to save money. Consequently, the factories and routine working jobs that use to fill this nation are nonexistent