The Widening Gap Between the Rich and the Poor in the Global Community

Topic: Wealth Words: 291 Pages: 1

This article mainly draws attention to the widening gap between the rich and the poor in the global community. The paper argues that despite America declaring itself as one of the highly developed nations, it is still facing a high economic disparity level. According to the article, wealth distribution among the few elites cannot be ignored (Freeland, 2011). In turn, the affluent community has massively increased political influence, generating casual indifference and tension. In essence, Freeland accepts that the globally connected economy and rush for fortune have resulted in new elite members who have created a second-generation class. This trend has led to the promotion of self-regard and deliberate development of a negative attitude towards society’s less fortunate members.

Methods Employed

The paper uses various techniques like observation and critical analysis of secondary sources such as watching the National Broadcasting News (NBC) to recognize the variation in current society between the rich and the poor. Through the application of these approaches, the researcher manages to explore the subject of wealth in the creation of the division that exists. Freeman accepts that promotion of the trend has resulted in American financial giants who lack the power to propel the national economy.

The Results

The findings indicated that an increasing gap between the rich and the poor was a reality in the world. The article concluded that these members accumulate wealth in a dishonest manner (Freeland, 2011). Therefore, she intends to use the article to provide useful advice to the members to avoid the unprecedented move to create a currently observed division in society. Through the article, Freeland aims to create equality and sanity in most members’ lives. The paper has managed to show the demerits of such a discriminative global economic movement.

Reference

Freeland, C. (2011). The Rise of the New Global Elite. The Atlantic, 307(1), 431-439.

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StudyCorgi. (2022, May 8). The Widening Gap Between the Rich and the Poor in the Global Community. https://studycorgi.com/the-widening-gap-between-the-rich-and-the-poor-in-the-global-community/

Work Cited

"The Widening Gap Between the Rich and the Poor in the Global Community." StudyCorgi, 8 May 2022, studycorgi.com/the-widening-gap-between-the-rich-and-the-poor-in-the-global-community/.

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StudyCorgi. (2022) 'The Widening Gap Between the Rich and the Poor in the Global Community'. 8 May.

1. StudyCorgi. "The Widening Gap Between the Rich and the Poor in the Global Community." May 8, 2022. https://studycorgi.com/the-widening-gap-between-the-rich-and-the-poor-in-the-global-community/.

Bibliography

StudyCorgi. "The Widening Gap Between the Rich and the Poor in the Global Community." May 8, 2022. https://studycorgi.com/the-widening-gap-between-the-rich-and-the-poor-in-the-global-community/.

References

StudyCorgi. 2022. "The Widening Gap Between the Rich and the Poor in the Global Community." May 8, 2022. https://studycorgi.com/the-widening-gap-between-the-rich-and-the-poor-in-the-global-community/.

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