“Inevitable vs. Amendable” Essay Example for Free

Inevitable vs. Amendable EssayThe charge Inequality for All tries to explain what is the current status of the dispersal of wealth and that of income equality? Why this is happening and if this is a problem. Yes, as give tongue to in the film, social dissimilarity is inevitable. But, there is without a doubt a problem with United States distri thation of wealth. One of the facts that really opened my eyes was the fact that the 400 richest Americans, together hold more than wealth than the poorest 150 million Americans have together. This said, it is scary to think about how obscure was the knowledge we had on the ace percent with given how much economic influence they have. The minimum wages vs. growth of reapingivity interpret is one that I found very interesting. Why is just in todays high society to be part a more productive workforce that gets paid less than the workforce we had a few decades ago? The line graph for productivity growth is rising every year, meaning that more work is being done. On the other hand, the minimum wages growth rates were rising but after a while they seem to have plateau and they have been like this for about 30 years.Advances in globalization and technology argon also inevitable because it is simple economics that a product shall be produced in the cheapest way possible. Yes, technology does create jobs but as we see in the film companies like Amazon are also opting to operate with high tech machinery instead of the traditional gathering line. Women going to work, general workforce working for longer hours and borrowing money from the financial sectors are header mechanisms that the middle class used to keep up with their good lifestyles, but in my opinion these are more like defense mechanisms in order to survive in the concrete jungle with the very(prenominal) wages they had 30 years ago. One other comparison that I liked was how the widening inequality leads to a deficiency cycle and when the wealth is equal ly distributed economic stability is transfused from sector to sector creating a domino effect leading to a virtuous cycle.