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Essay On The United States Has Such An Unequal Distribution Of Wealth

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“The United States has such an unequal distribution of wealth so that it's in the league of corrupt underdeveloped countries, no longer in the league of the developed nation.”(Zuesse). Unequal distribution of wealth has become a very big problem in America. As the common saying goes “the rich get richer and the poor get poorer”, this has become very true in America’s case with “75.4% of all wealth is owned by the richest 10% of the people.”(zeusse).While many see this as a bad thing, could the unequal distribution of wealth be a truly bad thing? Or could it be an incentive to work harder and become educated? The unequal distribution of wealth is where a small percent of a society owns most or all money when the larger percentage has much less income. This problem is very serious in third world countries and countries such as Russia where most of the population lives in poverty but less than one percent of the population have billions of dollars. In these kinds of societies it is almost impossible for the poor to work their way out of poverty due to limited opportunities. But in countries like America there is almost equality for everyone, After all it says in the constitution …show more content…

But if you die poor it’s your fault. “~Bill Gates. Our country has become very lazy and would rather do nothing than something. Every day more and more people are applying for welfare, while some people legitimately need this benefit most applying do not. This is truly sad because part of the reason our country is so great was this country’s work ethic. We strived to be great and worked for perfection, but that seems to be getting lost in today’s day and age. People work harder to find ways to use the government than actually join the work force and at least try to do something productive. While this is not the majority of our society it is portion and it is an injustice to those who work for their

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(1) In “America’s Wealth Gap ‘Unsustainable’ According to Harvard Study” (September 8th, 2014), Richard Valdmanis acknowledges THAT the economic gap between the richest and its middle and lower classes is accumulating and numerous people are affected by this dilemma. (2) Valdmanis supports his acknowledgement by referring to the study done by Harvard Business School on surveying the effects of the gap on people, economy, and institutions; moreover on how it affects the hope of thriving citizens and struggling citizens to their extremes. (3) Valdmanis’s motive is to present and describe the dilemmas and effects the economic gap has caused on the society and economy IN ORDER for the readers to recognize the crisis and get an idea of what is

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The article mentioned that the top 1 percent of Americans experienced a 278 percent increase in income between 1979 and 2007, while the middle 60 percent only saw a 40 percent increase. Moreover, the top 1 percent's share of total income increased significantly, leading to a shrinking middle class and a widening wealth gap. Recent studies have shown that the top 1 percent now holds a larger share of the nation's wealth than at any time since the Gilded Age. Therefore, it is clear that income and wealth inequality today are more extreme than during the Gilded Age. To address the inequalities of the Gilded Age, various measures were taken.

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Inequality is especially awful in the US, when contrasted with other affluent nations, and why it's deteriorating. There is a considerable measure of purposes for that, however the fundamental rule is that riches brings forth riches and destitution conceives neediness.

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There are people who work 40 hours a week and are still in poverty; this is a highly prominent issue. The uneven distribution of wealth, known as wealth inequality, is a problem that plagues not only America but also the world. With wealth inequality, there are two main issues and one solution to those issues. The problems are that the wealth in America is unevenly distributed and there people in America who work 40 hours a week and still have very little money. Wealth inequality is the root of all problems faced in America.

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America, the beautiful, the great, the land of opportunity, has become the land of the opportunistic. The promise of the ‘American dream’ is to some a living nightmare. America has neglected its pledge to its citizens, and it is the responsibility of Americans to ensure the promise is no longer forgotten. How to DO away with poverty? Step 1: Create a living wage.

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For the past few years, a topic that has been surfacing in the news is income inequality. Income inequality affects many people in the United States whether you believe it or not, whether its income inequality between men and women, tall men or short men, white Americans or minorities, and many more. However, a main topic that has many Americans attention and that affects more than half Americans is income distribution, or wealth inequality between Americans. Wealth Inequality in the United States is a problem that is not getting better any time soon and more Americans should realize it before it gets worse than it already is. Many Americans are unaware of how big of a gap there is between the rich and the poor people.

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