WHY the Rich Get Richer and the Poor Get Poorer
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- čas přidán 27. 08. 2024
- "The rich get richer and the poor get poorer" is an aphorism attributed to Percy Bysshe Shelley in 'A Defence of Poetry' (1821, not published until 1840). But when it comes to life, it is the most painful reality even in the modern days.
The saying "the rich get richer and the poor get poorer" has become a ubiquitous phrase, encapsulating the harsh reality of growing inequality in our world. While the global economy has expanded significantly in recent decades, the benefits haven't been evenly distributed. A select few have amassed immense wealth, often through factors like globalization, automation, and policies that favour the affluent.
The consequences are far-reaching, leading to decreased social mobility, increased inequality, and ultimately, a less just and stable society. This wealth concentration has detrimental consequences for society. It fuels social unrest, erodes trust in institutions, and creates a cycle of disadvantage for those born into poverty. Decreased social mobility limits opportunities for individuals to improve their lives, perpetuates inequality across generations, and hinders the overall well-being of entire communities.
In this video we are going to find out the reason for "The rich get richer and the poor get poorer." let us find out why you are entrapped in this never ending rat race with the hope to become rich one day.
© Pishukkan Episode 122
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