Inequality : Inequality And Poverty

1729 Words Apr 29th, 2016 7 Pages
Inequality and poverty exist in our society because wealth and opportunity are inherited. If we all entered the world with an equal amount of resources, some would still rise above others but everyone would get the same chance to succeed in life. Since greed is one of the norms of our society, and wealth is passed from generation to generation, there will always be inequality and poverty. The system of wealth and inequality is actually pretty simple. It all boils down to a few things what you start with and how much you earn. Also, what you save and at what rate does your saving return and even greater profit. No one policy can single-handedly beat inequality the roots of the problem extend into the very structure of our economy. However, there are means by which we can change the system of inequality by looking at previous history and the current world today.
Today, we live in the richest country in the history of the world, but that reality means little because much of that wealth is controlled by a tiny handful of individuals. The issue of wealth and income inequality is one of the most prevalent issues affecting society today. In my opinion, one of the first and best ways to help reduce inequality is simply redistribution. The objectives of income redistribution are to increase economic stability and opportunity for the less wealthy members of society and thus usually include the funding of public services. The problem with our society is that we give away are…
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