think wealth in the U.S is fairly distributed to the hard workers. The reality,
is that there is a huge gap between the wealthy and the poor, and it is
bigger than any other progressive country, but most people are undaunted.
Whereas Europeans agonize about economic inequality, Americans want embrace the
rich and want to become wealthy. More people in America, more than anywhere
else, believe that though you may start poor, if you are a hard worker, you can
become rich. It is an essential element of the American Dream. It is the American Dream.
“The U.S. is more
unequal than most of its developed-world peers. According to
data from the Organization for Economic Cooperation and Development, the U.S. ranked
10th out of 31 OECD countries in income inequality based on “market incomes” —
that is, before taking into account the redistributive effects of tax policies
and income-transfer programs such as Social Security and unemployment
insurance. After accounting for taxes and transfers, the U.S. had the second-highest level of inequality, after Chile.”
One historical event that contributed
to the inequality of wealth was slavery. Not
only did slavery contribute to a significant part of Africa’s underdevelopment,
but also it also contributed to inequalities in America, where by the time
slavery was stopped with the Civil War, former African-American slaves had no exposure
to formal schooling. The first generations of African-American offspring
were only able to finish relatively fewer years of schooling, on average, than
whites Americans. Furthermore, they attended genealogically ghettoized public
schools, habitually in the South, where they received a lower quality of
education, compared to southern Caucasians. The amalgamation of low educational
achievement and poorer educational value led to the perseverance of great salary
and income gaps.
In my opinion poverty is not
discussed in the media because it is depressing and can have a daunting effect
on people. Most poor people do not become rich because of their environment; success
can be a state of mind, if you are not saving in the direction of, or focusing
in the direction of your future, then you cannot achieve success. Poverty does
not only come with the lack of money but also: a negative environment, poor
education, drugs, living in violent neighborhoods, school bullying, and overall
a negative effect on the human mind. Most people are still poor because they do
not know any better and feel they cannot do any better. Because of this it is
harder for people to believe in themselves and be supportive of others around
them. They can indeed beat adversity, but first they must leave their enslaved
minds. The media focuses on telling people
what they want to hear.
I think education plays a
significant role in future endeavors and with the internet everyone has access
to knowledge. For this reason, more people are leaving poverty and becoming successful.
I think one’s achieved status effects their social-economic motility more than
their ascribed status, because you can undoubtedly save your money and invest
it in the right businesses and in the right places with the right knowledge. Interacting
with the right people and keeping soul sucking negative individuals at bay is a
part of becoming successful and can take you far. Just because you were born
poor does not mean you cannot work your way into a respectable future. You
might not make it to the 1% but you do not have to be poor all your life. Anyone can become successful.