“Inevitable vs. Amendable” Essay

The film divergence for All tries to explain what is the current status of the distribution of wealth and that of income equality? Why this is happening and if this is a problem. Yes, as stated in the film, well-disposed inequality is inevitable. But, there is without a doubt a problem with joined States distribution of wealth. One of the facts that really opened my eyes was the fact that the four hundred richest Americans, together hold more wealth than the poorest 150 million Americans piss together. This said, it is scary to think about how obscure was the knowledge we had on the integrity percent with given how much economic influence they have. The minimum requital vs. growth of harvest-homeivity graph is one that I found precise interesting. Why is just in todays society to be part a more productive workforce that gets paid less(prenominal) than the workforce we had a few decades ago? The line graph for productivity growth is travel every year, meaning that more work is creation 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 standardised this for about 30 years.Advances in globalization and technology are in addition 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 assembly line. Women spillage to work, general workforce working for longer hours and borrowing money from the monetary sectors are coping 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 same wages they had 30 years ago. One other compare that I liked was how the widening inequality leads to a deficiency wheel and when the wealth is equally distr ibuted economic stability is transfused from sector to sector creating a domino effect leading to a virtuous cycle.