That’s a Huge Gap! S. Morash, Edison

A U.N. report stated that “In 1960 the 20 percent of the world’s people in the richest countries had 30 times the income of the poorest 20 percent — in 1997, 74 times as much.” It added that “gaps are widening both between and within countries.”

It is no secret to the public, or to anyone for that matter. Just look at the state of affairs in the US. Most negative statistics come from generalized data regarding middle (or the lack thereof), working, lower, and poor classes. Sadly it is often things that are out of ones’ control. Such as the job market, sky high interest rates on a line of credit, or even somebody getting replaced by a robot in the workplace. Now that we know a few reasons why the poor get poorer, why do the rich get richer?

The rich tend to get richer because their little green dead presidents tend to do most of the work. They can invest in whatever their heart desires and their investments will provide them with capital gains or passive income. Rather than going to work everyday, punching the clock to make earned income. No that goes without saying that some investments can be..well, a bad choice. And they will actually lose quite a bit of money from them. Another reason the rich tend to get richer is because the top strata of society dominates. It is simple Conflict Theory. The rich have all sorts of “connections” and enough wealth to “influence” people to get results that will help them (the rich) amass more wealth. It also helps that the lawmakers, and even the president, and in that forever desired top strata. They all work together and help each other out. Because what helps one [of them], usually helps others.

“Relations between men in charge of the administrative branches of government and men who run the expanded corporations and unions are often close. Their collaboration may occur while each is an official in his respective hierarchy, or by means of personal shifting of positions; the labor leader accepts a government job or becomes the personnel man of a corporation; the big-business official becomes a dollar-a-year man; the government expert accepts a position with the corporation his agency is attempting to regulate. Just how close the resemblance between governmental and business officials may be is shown by the ease and frequency with which men pass form one hierarchy to another. While such changes may seem mere incidents in an individual career, the meaning of such interpenetration of managerial elite goes beyond this, modifying the meaning of the upper brackets and the objective functions of the several big organizations”
-C. Wright Mills

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