Why in this 21st century,the rich are getting richer and the poor getting poorer?

Answer 1

What makes you think that this is unique to the 21st century?

Answer 2

I did a little research and found the rich got richer and the poor got poorer in the following centuries: 21; 20; 19; 18; 17; 16; 15; 14; 13 ; 12; 11; 10; 9; 8...see a pattern here?

Answer 3

Relative to what? In prior centuries the poor usually died therefore there were less of them. Poor as a classification is a 20th century construct. As such, the definition of poor alters as time progresses. Many farmers in the 1800's could be classified as poor yet they missed no meals. Today, a farmer that is poor is usually based on an analysis of his bank account and not his opinion of his state of being. You can have little materially and still be rich. What about homeless people you ask?

That is too general a classification as causality of homelessness needs to be examined. Many of the homeless in large cities have psychiatric problems which are untreated. Others have drank themselves to ruin. Published studies show that even homeless people work, (pan handling is work as it produces income), and are not necessarily enamored with their condition but do not "classify" themselves as poor. They simply are existing.

The truly poor are those that have families, are trying to get ahead and simply cannot. This is different from the person that wishes to have the government take care of them. In the first instance there is usually some limiting factor. In the second the limiting factor tends to be self imposed.

Rather than continuing and writing a disertation about poor, I will close my answer by stating the obvious. Saying that the rich are getting richer and the poor poorer does not necessarily make it so. There are studies that show the poor are getting richer.Also, make sure you know who you are speaking about when you say poor.

Answer 4

That will always be the case as long as you have inflation. For example if your on £300 per week and get a annual pay rise of 2% your better off by £6. If a rich man on £2000 a week gets 2% his money goes up £40. You've got another £156 a year, hes got £2,080. A brand new car costing say £20,000 goes up with inflation the same 2% and becomes £20,400. That car has gone £244 further out of your reach, yet in real terms has become £1,680 cheaper for the rich man. The only way you'll ever stop this is to start going backwards and knocking say 2% off everything every year. Wages, shop prices, the lot. Then you'll hear from a lot of very unhappy millionaires.

Answer 5

I read somewhere that if you took all the wealth from everybody and everyone started over. In ten years or less the same folks that are rich now would be rich again and the same with the poor. Wealth is all about drive! If you want to be rich have the "drive" to get there and don't use the Government as your way out. Hard work and ideas will make you rich in wealth.

Answer 6

It is pretty simple, It is due to capitalism. the rich will get richer because they will always own the stores, the tall buildings, the malls, the gas stations,because they can afford it, and the poor people will always have to buy from them no matter how exorbitant, and ridiculous that their prices might be. They don't have the choice but buying whatever the rich has to offer.

Answer 7

The rich are the people selling the poor over priced goods.

Arlene J Why do you think there is no equality in the world? Do you think the rich should share more of there money with the poor? The rich are rich because they don't take no for an answer and they take chances that most people will not take.

Answer 8

I don't know that the poor are getting poorer.

Maybe illegal immigrants and single mothers are having a hard time, because they are engaging in behaviors that practically guarantee poverty.

If people are getting richer, why on Earth is that a problem? People are producing and being rewarded for it.

Bumper sticker slogans do not a political or economic philosophy make.

Answer 9

I have to say this attitude annoys me,i mean there are a million opportunities out there for the poor to become the rich.i am well below the middle class in the living ladder but i firmly believe that i will one day be very rich. there is a chunk of the worlds riches belongs to me(you only live once & i deserve my share)stay optomistic.

Answer 10

Money gravitates to money, capitalism isnt the miracle system its cracked up to be, alas its the dominant economic model for most all of the globe, by its definition there will be winners and losers, alas the losers are getting shat on from a very great height as it suits the "bosses" for them to be this way., The sooner we get off the greed cycle the better the world will be, we do not need to consume the shite that we do, fear sells,profits rise,bosses get fat and you and me get shat on from a great height. I aint no liberal hippy, just concerned at the state of the modern world, if this is progress, you can keep it.

Answer 11

the Rich get richer
the poor get the picture
the bombs never hit you
when your down so low
but what am i to know
Read about it