We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Sole Purpose of The One Percent - Essay Example

Comments (0)
Summary
Yohannes Abera 11/12/11 Lead 219 Professor C. The Sole Purpose of The One Percent The Occupy Wall Street movement, which has since spread to other locations all over the world, has made the terms "One Percent" and "99 Percent" part of mainstream culture. Despite the fact that nearly everyone has heard of these terms, many might not realize what these terms actually mean…
Download full paper
GRAB THE BEST PAPER

Extract of sample
The Sole Purpose of The One Percent

Download file to see previous pages... Once this occurs, it will be very difficult for equality to ever exist in the United States again, since the rich will never give these democratic rights back to the poor once they have taken them. The one percent is based on the idea that one percent of the American population controls the majority of the country's wealth. This leaves the other 99 percent of people to fight over whatever money is left over. Capitalism is based on the idea of a free market, where individuals can make as much money as they want under the system. Those who are successful within the system become rich, while those who are unable to succeed are forced under the rich. The idea is also that a trickledown effect will occur, since the rich will pay the rest of society for services that are needed. This is quickly disappearing from society, however, since the rich are becoming greedier than ever before. They want to make much more money than they will ever need, which causes problems for the poor because this money comes out of their pockets. In previous generations, the middle class made up the majority of American society, since corporations were forced to pay their workers a fair wage. Today, however, much of this work can be outsourced to other countries at lower wages, which has left many Americans without jobs. Under a democratic system, the people should hold the majority of the power. Unfortunately, the current system has been influenced the presence of these major corporations. These corporate interests are able to make donations to political campaigns and the politicians respond by passing legislation that makes it easier for these corporations to capitalize on the average citizen. The country’s political system is based on money and if the average person does not have any money, it is almost impossible for that individual to make a difference. The goal of these corporations is to make it even easier on themselves to make money and, eventually, the 99 percent will no longer have a voice. If you look at what a company like Wal-Mart has done over the years, it makes sense. Wal-Mart pays its employees minimum wage and, therefore, it is able to offer products for a lower price than competitors. The company will then go into an area and put all of its competitors out of business very quickly, since consumers are attracted to low prices. This takes money away from the small business owners who owned the competitor stores and takes money away from the community as a whole because all of the profits from Wal-Mart head to the corporate offices. Unless something is done in the near future, it will be almost impossible for the United States to regain its place as a democratic union and the land of opportunity. Today’s opportunities are mostly working for the one percent for whatever wage the employer decides to pay. If you do not want that job, someone else will surely take it, since jobs are becoming more scarce. Unfortunately, the power than these corporations have over the political spectrum are making it much more difficult. If Wal-Mart is donating large amounts of money to the Republican Party, that party will do whatever it can to keep that stream of revenue, since it can help the party get into power. Therefore, the corporation that donates this money has a major influence over the party’ ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Purpose
Further division breaks OSHA into other categories with distinct and defined roles. Hazard communication is one of the concerns succinctly described by the US labor department. According to the labor department in the United States, hazard communication is defined as a way through which the government or the sellers in certain products or goods inform their clients about their disadvantages.
15 Pages(3750 words)Essay
Sole proprietorship
However, before selecting any structure for this business, the relative advantages and disadvantages of each are needed to be considered. An entity where the person opening the business constitutes without any contract with others or incorporation of the entity
6 Pages(1500 words)Essay
The Sole proprietorship
In the United States there are 29.41 million business establishments (Census). Starting your own business is a great way to become financially independent and self-employed. A sole proprietorship has many advantages such as control over the decision making, flexible working hours, and the pride of knowing you are helping the U.S economy by creating jobs and taxable revenue streams.
3 Pages(750 words)Admission/Application Essay
Godly Purpose
Others embrace the idea of a higher purpose and allow a set of standards, not widely understood by their secular counterparts, to govern their lives. If one chooses this alternate path, one accepts the challenge to set an example for others, to illuminate the weaknesses that are inherently human, and to live as one not only created in God’s image, but also as one who is emulating behaviors that glorify God.
4 Pages(1000 words)Essay
Legal Structure: Sole Trader
The name is catchy and also sells out to new clients what the business is all about. Sources of funding are savings of ?25,000, Princes Youth Trust business grant ?4000, loan ?6000 and bank loan of ?20,000. I intend to use my savings and the bank loan for the start capital and the Princes Youth Trust business grant and loan for the operations of the business in the first two months before the business is stable to support itself.
6 Pages(1500 words)Essay
Statement purpose
In this case, I have found the need to acquire the necessary skills and knowledge characterized by emphasis on leadership, which values diversity and achievement of equity, technology, innovation application. Moreover, knowledge gathered by pursuing this course can facilitate research and evaluation of the decision-making in a way that can improve reflection of collaborative means of increasing the level of productivity in learning institutions.
3 Pages(750 words)Essay
From a Sole Proprietorship to a Corporation
The paper starts by describing the meaning of corporation and its nature and this will be followed by describing the company business, products and operations. The paper will also outline how the company will be funded as well as tracing the company development from sole proprietorship to a major corporation.
5 Pages(1250 words)Essay
Summary of America's 1 percent problem
According to Stiglitz, one percent of the population owns the largest share (about a third) of the nation’s wealth even as the rest of the population struggle and face a lot of hardships that are inconsistent with the American dream (Stiglitz, 2012, p. 2). The
1 Pages(250 words)Essay
Summary of America's 1 percent problem
Some have not even recovered to date having lost their employment, depleted their savings and having their homes foreclosed and now rendered homeless or living with compassionate relatives. In comparison, the rich one percent was hit but not much and
1 Pages(250 words)Essay
Purpose statement
I could not go imagine going through with this ordeal. Nothing had been exaggerated and I vowed that when I grow up, I would like to be a dentist for children. I vowed to be different from the dentists I visited and make the visit less
2 Pages(500 words)Essay
Let us find you another Essay on topic The Sole Purpose of The One Percent for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us