“Why the Rich are Getting Richer and the Poor, Poorer”, by Robert Reich.

Posted: September 6th, 2013

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“Why the Rich are Getting Richer and the Poor, Poorer”, by Robert Reich.

Robert B. Reich. “Why the Rich Are Getting Richer and the Poor, Poorer” A World Of Ideas: Essential Readings For College Writers. 7th ed. New York: Bedford/St.Martins, 2006. Print. The author discusses the issues surrounding the rich becoming more affluent and the poor languishing in poverty hence the reason why the economy continues to worsen. According to the author, what people do in the world depicts the positions they will partake. He uses three examples to explain this situation. These are routine producers, in-person servers and symbolic analysts. He describes routine producers as those who work in the manufacturing industries and these people are poor because they are not members of any unions, they are paid very low wages and they are constantly replaced by technological machines.

Robert B. Reich: “Why the Rich Are Getting Richer and the Poor, Poorer”. Yahoo.com. June 18, 2009. Web. 9 July 2012. The writer uses the examples of rising and falling of boats due to tides to explain the differences that exist between the rich and the poor. In the earlier days, the economy favored all Americans regardless of social status. Companies and education play a big role in the increasing gap between the rich and the poor. In contemporary America, those who are educated continue to prosper while those who lack basic education are disadvantaged when it comes to employment opportunities. Companies are opting to employ workers from over seas because it is cheaper to pay them.

Estrada. “”Reich: Why the Rich are Getting Richer and the Poor, Poorer.” Blogspot.com. March 15, 2010. Web. 9 July 2012. The in-person servers’ boat is also sinking because their position is threatened by the routine producers. In-person servers are those who are in the personal service industry. Routine producers who cannot find employment are increasingly becoming in-person servers and this poses a threat to the availability of employment opportunities for in-person servers. These routine producers include immigrants and school dropouts. Moreover, the reasons why routine producers join the in-person server world are technological advancements and lack of working benefits. In addition, the symbolic analysts continue to become wealthy because their clients are wealthy. Their business includes selling valuable information to their clients especially about money matters. The writer concludes that the economy of the country does not depend solely on its citizens but on the whole world.

Leigh. “Robert B. Reich: Why the Rich Are Getting Richer and the Poor, Poorer”. Blogspot.com. November 13, 2007. Web. 9 July 2012. The writer denotes that routine producers will soon be faced out of the employment industry. This is given by the fact that more companies are embracing technology in production therefore buying machinery instead of using labor. In addition, these companies are establishing themselves in developing countries where they will pay workers less than the minimum wage. This is strategy used by the rich to maintain and increase their wealth within and without America. Given by these two factors, routine workers in America remain unemployed and poor and as a result, the gap between the rich and the poor will continue to widen.

Work cited

Estrada. “”Reich: Why the Rich are Getting Richer and the Poor, Poorer.” Blogspot.com. March 15, 2010. Web. 9 July 2012.

Leigh. “Robert B. Reich: Why the Rich Are Getting Richer and the Poor, Poorer”. Blogspot.com. November 13, 2007. Web. 9 July 2012.

Robert B. Reich. “Why the Rich Are Getting Richer and the Poor, Poorer” A World Of Ideas: Essential Readings For College Writers. 7th ed. New York: Bedford/St.Martins, 2006. Print.

Robert B. Reich: “Why the Rich Are Getting Richer and the Poor, Poorer”. Yahoo.com. June 18, 2009. Web. 9 July 2012.

 

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