ipl-logo

Wealth Inequality In America By Think Reality Analysis

650 Words3 Pages

That all men are created equal is indisputably a core tenant of the United States, appearing centrally in the Declaration of Independence. Immediately following this decree in that founding document is the compound statement that certain unalienable rights apply to these equal men. Since the founding days of the United States, this has been interpreted to mean a variety of things, but almost always boils down to what modern politicians and political commentators would title “equal opportunity.” Traditionally throughout American history and typically today, this translates into a belief in hard work as a determinant for success, rather than intervention of circumstances at birth. The United States frequently expresses this commitment to the pursuit of equal opportunity for economic and social mobility based on hard work.
But is the United States meeting this commitment? Work in the past half-century by established economists such as Thomas Dye and Dennis Gilbert analyzes the trends in …show more content…

One particularly popular example of this assertion being disseminated throughout America is in the video Wealth Inequality in America by Think Reality. This YouTube user, politizane, shared the video, which immediately went viral approximately three years ago. The video details the growing wealth inequality in the United States and chronicles its growth alongside American perceptions of wealth inequality. The verdict is this: Americans think the distribution of wealth in the United States is more disparate than what they defined as ideal, but even Americans’ perception of reality was still rosier than what the real numbers reveal. The video revealed that even when we know the economy is not functioning at full capacity for the common good, we don’t know to what extent the economy functions against the common good. Wealth and power are even more concentrated than we

More about Wealth Inequality In America By Think Reality Analysis

Open Document