19 Sep 2022

61

Wealth Inequality in America

Format: MLA

Academic level: University

Paper type: Coursework

Words: 262

Pages: 1

Downloads: 0

It has not been clear who produced this video ‘wealth inequality in America’ but the video went viral with almost five million views on YouTube. There is no clear solution proposed to the problem of inequality in wealth in America. It is clear that this is yet just another of the fallacious activities of analysis of the wealth distribution which seems to be focusing only on the statistical abstract brackets at a specific point of a given time. This is done however while disregarding completely the most important point of all which is what is happening to the people whose income as well as wealth exchange each and every time and those who are moving through the several statistical and abstract brackets from one year to another. 

How bad is the issue of wealth inequality in America, well it’s probably very bad, actually worse than one could ever think about. This video went viral over the internet as it shed light and showed that not only do the citizens of America think that their wealth is being distributed unfairly in the country, they have absolutely no idea to what intensity of how things are bad. I agree completely with this video as much as there are no solutions proposed but this video was able to shed some light to the citizens of America that had no idea of how bad the issue of inequality of wealth is in their country. Many agreed with this video in the United States like the Forbes Magazine, for instance, released its annual billionaire's list on the same day, which highlighted the people who are in control of almost 5.4 trillion dollars of the entire world’s wealth. 

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Reference

StudyBounty. (2023, September 16). Wealth Inequality in America.
https://studybounty.com/wealth-inequality-in-america-coursework

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