Why is becoming rich so tough?

Only 14% of people own 50% of the world’s wealth – wealth that the International Monetary Fund (IMF) says is “rigidly concentrated”.

Why is becoming rich so tough?
Why is becoming rich so tough?

The global accumulation of wealth has always been a concern for many. The concept of the American Dream has informed us of the values of wealth and status. This dream may be out of reach for many living in the modern era. But in the “olden” days it was possible to achieve while living a historically modest lifestyle.Cotton gin, Spring 2001If you lived during the Gilded Age era, you most certainly did not have to work the spinning mill in order to put food on your table.

If you played a major role in the economic development of your community, the town might grant you a place among the elite of the town. Some of the elite— not the poorest, but perhaps a few of those at the middle of the economic scale— may have been granted the right to a large tract of land that was worked by a number of tenants to increase their wealth.

Such a landowner and his or her tenants use some of the acres for the agricultural needs for the family and for anyone else who comes to farm on the land.A young man named George was accepted as a member of the elite in the town, and his father and brother still worked their fields. He talked about the change he saw in his brother and father after the army came and took away the picket fence, put up a barbed wire fence, put in the roads, made cattle trails and planted trees, and built fireplaces and houses. It was like the constables being on the roads or the post men or a police force or a sheriff's office. George said he believed that the change was due to the new authorities.

  • They are required to enforce public order, but it is the responsibility of each one to work out the conditions of his own life. THE END Footnotes:
  • Polissou v. Ohio, 136 U.S. 477 (1890).
  • "Those prejudices which act apart from law and remedy by and through law would cease, if our wills could be relied upon." --Ricardo, _Principles of Political Economy_, 1770.
  • Capra, _The Modern Crisis_, pp. 303, 303 ff., especially footnote 2. 
  • How America Really Perpetuates Itself: The CIA Controversy_, _What is "Capitalism", pp. 246 ff._ (originally published in the New York Free Press under the title of "The U.S. and the Russian System").
  • "Now when any evil is to be done, the personal feeling of suitability is the only obstacle; when it is a duty, the feeling of its not being expedient is the only temptation." --James Mill, _Essay on Government_, 1793. Social Control: A Study of American Social Science in a Theoretical Context_, _p. 164_. NOTE TO THE SECOND EDITION 
  • This version of _Social Control: A Study of American Social Science in a Theoretical Context_ leaves the question of "the factual side of history" to one side. It treats the problems of anabolic growth as a psychological question and as a social phenomenon.

What we have here is a study of the four mainstays of American social analysis -- behaviourism, environmentalism, psychoanalysis, and Marxism -- as they have worked in, and against, one another. We may be asked to take a position here. In other contexts I have tried to show -- not just in the historical survey but in the original argument -- that these belong together; but I have also believed that each volume of this work could stand alone as a piece of research.

SOURCE : Yasoquiz

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