The Rich and the Poor
In today’s world, there are people who have money and people who do not. Whatever the situation may be, we as humans feel like we never have enough. Those who are rich want more money whereas those who are poor merely need more money. The issue here is not with the poor. The poor population has been increasing due to the decisions made by the rich. The rich whom seek to become richer are the main reason the gap between the rich and the poor is widening.
In this economy, we find that the rich are finding inventive ways to become richer. The rich people that I am exemplifying are those who own a large business dependent on technology. Being able to afford new technology is a major factor in how fast a business grows. Small …show more content…
I would have to agree with Karl Marx when he states, “the Bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society”(Marx 69). Marx is implying that by revolutionizing the instruments of production, society is becoming more competitive and greedy. The small group of people known as the rich is constantly feeling the need to keep investing in the most expensive equipment to make the best products. They are the reason small businesses go out of business and the reason the middle class slowly falls into the pool of poor people. The rich keep revolutionizing products out of greed. Their success is far more important than the poor mans …show more content…
In America, large companies are hiring people around the world to work for less than most American people are willing to work for. This is commonly referred to as the shift from advances to developing nations. Those in developing nations are willing to do the same work Americans do, but for a much less profit. It is interesting to note that “twelve thousand people are added to the world’s population every hour, most of whom, eventually, will happily work for a small fraction of wages of routine producers in America”(Reich 123). The people willing to work for a smaller fraction are those living in developing countries. A person living in a poor country doesn’t expect that high of a wage as opposed to a person in a rich country, whom expects more pay. For a rich person living in a rich country to make the most profit, they feel as if they must hire the person that will work for the least pay. Reich also notes that the people being hired to work for a small fraction of wages of routine producers in America are “sufficiently productive to make the labor cost of producing each unit lower there than in higher-wage regions”(Reich 123). Heavy industries are able to find not only cheaper labor, but also sufficient workers who are able to lower the cost of producing. This attracts many heavy industries because it allows them to save money in the production department.
In today’s world, there are people who have money and people who do not. Whatever the situation may be, we as humans feel like we never have enough. Those who are rich want more money whereas those who are poor merely need more money. The issue here is not with the poor. The poor population has been increasing due to the decisions made by the rich. The rich whom seek to become richer are the main reason the gap between the rich and the poor is widening.
In this economy, we find that the rich are finding inventive ways to become richer. The rich people that I am exemplifying are those who own a large business dependent on technology. Being able to afford new technology is a major factor in how fast a business grows. Small …show more content…
I would have to agree with Karl Marx when he states, “the Bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society”(Marx 69). Marx is implying that by revolutionizing the instruments of production, society is becoming more competitive and greedy. The small group of people known as the rich is constantly feeling the need to keep investing in the most expensive equipment to make the best products. They are the reason small businesses go out of business and the reason the middle class slowly falls into the pool of poor people. The rich keep revolutionizing products out of greed. Their success is far more important than the poor mans …show more content…
In America, large companies are hiring people around the world to work for less than most American people are willing to work for. This is commonly referred to as the shift from advances to developing nations. Those in developing nations are willing to do the same work Americans do, but for a much less profit. It is interesting to note that “twelve thousand people are added to the world’s population every hour, most of whom, eventually, will happily work for a small fraction of wages of routine producers in America”(Reich 123). The people willing to work for a smaller fraction are those living in developing countries. A person living in a poor country doesn’t expect that high of a wage as opposed to a person in a rich country, whom expects more pay. For a rich person living in a rich country to make the most profit, they feel as if they must hire the person that will work for the least pay. Reich also notes that the people being hired to work for a small fraction of wages of routine producers in America are “sufficiently productive to make the labor cost of producing each unit lower there than in higher-wage regions”(Reich 123). Heavy industries are able to find not only cheaper labor, but also sufficient workers who are able to lower the cost of producing. This attracts many heavy industries because it allows them to save money in the production department.