Nickel And Dimed Analysis

The myth of the 99% and the top 1%
“The statistics that describe the magnitude of economic inequality are stark. Before taking into account the effects of redistributive government programs, the richest 1% of Americans make 20% of the income.” The wealth gap between these two categories is for sure bigger than it should be and it might an issue that politicians and our system might have difficulties to reduce but does our world would function if no gap exists at all ? In fact, while the wealth gap need to exist because this is how our world works, especially our business world is there something to do to reduce the gap between the 99% and the 1% knowing that because politics and globalisation plays an important role, then, does inequality has

I don’t agree with what Krugman says because people such as Steve jobs are not overpaid, they worked for this money and they deserve it. I don’t believe that the super-eire is over paid, they deserve their money, therefore I would change this sentence and they that it is the 99% that are not enough paid. In order to prove this statement, I would refer to “Nickel and Dimed” from Barbara Ehrenreich. Indeed, she experienced what is like to be part of the poor class and working hard for a minimum wage as a maid in a company. Nowadays, there people who work hard and still got the minimum wage because they did not has the chance have an education, or because they were born in the wrong place at the right moment. It might be true that some of the 1% had chance, and took their family firm or they dad’s legacy however its not the case for everyone. Some built their own fortune

I understand that some people as we discussed in class have not a chance to get out of their getto, however if they not try, they will never did. Therefore, I also believe that sometimes they need a bit of luck. I don’t agree with Freeland when she says that when the super rich rise, other will fall. I believe, however than that the future of the 99% is based on the top 1%, I believe that the future of everyone is based on our system. When I say system I mean globalisation as Freedman explains in his essay. He explains that Globalisation, basically gives power to any individuals man. This is the same opinion that Freeland explains in her Ted Talk she believes that globalization and new technology are actually fueling, rather than closing, the global income gap. How the twin economic transformation ( Globalisation and Tech. Term used by Freehand at 5:21 in Ted talk ) changed our life and rise the power of the top 1% ? She basically explain that this is only the case for the very very smart, and very lucky there is a chance that you get very rich very quickly.