Why the Rich Are Getting Richer and the Poor Poorer Research Paper

Why the Rich Are Getting Richer and the brusk Poorer - Research Paper ExampleThis research will begin with the statement that in the olden sidereal days, at that place were rich and there were poor, in the modern world we see people have different classes standardised rich and poor. But today the majority of the human race is facing a difficult time. This writing illustrates that the main reason of the difficulty is created by the man himself. Then we must have k right offn what makes the two classes different from each other. Technology, homes, cars, etc. ar the dependable and viable commodities that ar responsible to alter the class of a person. However, today, it is a commonly known fact that it is impossible for the poor to make steps towards changing their class, lower- midst-class people ar having difficulty in maintaining their economic position and rich are neat richer. The subject research has identified that most of the middle class is associated with the jobs a nd some researchers have the view that as the middle and lower level management are becoming less in number, more and more upper-middle-class men are becoming jobless, that is becoming a huge reason of the degradation in the life history standard of the middle-class persons. The author has rightly presented that the high-level jobs like assistant directors, assistant managers, etc lost them too. The mistakable case is with the low-level jobs like drudgery jobs, the wages for such employs in underdeveloped to developed countries now a day is much lower as compared to the decline in the value of money. The production jobs are much valuable for the persons who have to work at extreme low wages when they have no job. In 1960, the low level employs are the member of a union that responsible for maintaining wages for the kit and caboodle but at the end of the year 1989 the union has only 17 percent members from the total production workers. The whole scenario has no or little impact on the large technology distributors and manufacturers, like Sony, Toyota, etc. These factories kept to produce the products according to their plans and routine. Technology is also responsible for making the people poorer and rich richer, as if we consider a motor industry, during 1970, a Japanese based motor company required a time span of 24 hours to produce a vehicle (car) but now a day it takes not more the eight hours to produce a car by utilizing the robots instead of human workers. The robots set back the human workers and the persons who program and run the robots are quite less and no other person is then required to performs the work like that of the robot. The economic condition of the middle class family is lowering day by day as the prices for the little luxuries like fuel, cost of food and medicine are rising, although technology is becoming cheaper but the cost of basic necessities are becoming higher. In this case it has flummox difficult for a middle class perso n to afford the luxuries without extra effort. According to sociologists unequal distribution of wealth has become a biggest reason of this sustainability. Like the high level salaries of superstars, musicians, athletics, management payment and the rapid progress of pecuniary sector etc. The taxes which are taken from high earners are very low and they are earning standoff of money and paying a very small amount of tax. The departments which have already mentioned above are becoming rich with the passage of time. In the contrast the middle class people, who are doing common jobs, are giving high amount of tax of their salary as compared to the ratio of elite class.