Why is it that the rich
get richer and the poor stay poor?
The rich get richer and the poor stay poor is something that
the common people say, but is it actually true? In certain extents yes it is
true. Due to globalization and big companies getting richer and bigger they
start to have more control over the lives of people. In some cases they can
have huge influences in countries. In America for example a huge company Wal-Mart
controls its suppliers and its employees. The employees work for Wal-mart and
the employee’s wages are returned to Wal-mart. Wal-mart doesn’t provide good
insurance as well. So these employees of Wal-mart stay poor while Wal-mart
continues to grow and get bigger. In America
the top 1% own 50% of the wealth in America. To leave the other 50% to the 99%
left. This disparity is astronomical in number.
One factor in why the rich get richer is because of a better
education. Due to the fact that the rich can afford expensive schools with the
best teachers, while the poor either don’t go to school or end up in schools
which are not regarded as top quality. If companies are hiring then they would
obviously pick the student that has graduated from the Top universities, and
the poor people that graduated from sub-standard universities are left with
unwanted jobs that are payed with lower wages.
