This beautiful creation would be meaningless without man. So, God creates man and man creates classes. The mankind is classified in to two classes the rich and the poor. This distinction is done by none but man himself. But the world…
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They generate most of the manufactured goods and enjoy the highest standard of living to date. On the other and also the dark side, there are 100 underdeveloped poor states, home to over two billion people. When we see the differences between rich and poor, the differences are very obvious. The rich people have every basic necessities of life. They have good, healthy and enough food. Whether it is high education or health facilities rich have all access to it. You can say they can get what they want. The lower class they do not have much but they are happy at what they have (Cline Austin 2006).
Where there are differences there is always similarities lie in the way. The first thing is whether rich or poor we are all human. We have the same needs, wants and desires. We have same outlook towards life. Both want to see this world with a positive attitude. Each class has their own view of the other. So the main difference is of ideology fostered in mind.
Whatever the ideology in minds the world will not change. Because one thing is also fostered and fostered by nature that is humanity. This world is for human not for rich or poor. Forgetting this difference and considering humanity as only element of this world, one will see this world is just for humans. Not for rich or for
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However, simultaneously, various kinds of inequalities such as income disparity have increased, because of the rural-urban income gap. And also there have been increases in unfairness in health and education areas. Certain amount of inequality was unavoidable as China entered in a market system, however inequality have worsened instead of lessening due to number of strategy issues (Dollar ).
In other words, globalization failed to fulfill its promise in giving collective growth to all people in this world. According to a New York Times (March 9, 2012)article, “To reduce the widening divide between haves and have-nots, we need to find a new way of building a community, and to do that we’ll have to accept the idea that a community isn’t a community until all its members are included.
According to the paper the developed world is characterized by remarkable infrastructure, the best educational systems, and good health care systems. On the contrary, there are poor nations with people living on less than a dollar a day, deplorable health care systems, malnutrition and lack of clean water. The sharp contrast could be argued to have been caused by exploitation of the poor by the rich countries.
Name: Institution Date Why the Rich Are Getting Richer and the Poor, Poorer Man has coexisted with the element inequality since time immemorial. There was a means via which man could create social clusters then inequality was always eminent. This social feature is sourced from political, social, economical perspectives.
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Today's world is based on 'Global Politics and Economics.'
poverty. Of course, for thousands of years, all humans were poor as we would describe the condition today. Indeed, until roughly 1800, differences in per capita wealth across the world were quite small.
It also has s a low standard of living, and an undeveloped industrial base. They have low per capital income, low capital formation and widespread poverty. It is slightly difficult to understand poverty in Africa as it is hugely endowed with vast natural
Notwithstanding existing international treaties and convetions, particularly UN-backed Basel Convention, developed countries continue to overlook regulations and standards set in favor of short-term gains.
The countries of the Group of Twenty Finance Ministers and Central Bank Governors can be divided into two groups: developing (The Republic of South Africa, Brasil, Mexico, Russia, Argentine, China and Turkey), and
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