Where is Robin Hood?: Disparity of Incomes

1960 Words4 Pages

Tell me where you were born and I'll tell you your future. This is the harsh reality facing the vast majority of the world's population, particularly in developing countries where the concentration of wealth is striking!
Take Bangladesh (8th most populous country on earth) for example, with a population half that of the United States but a GDP(Gross Domestic Product) that is 141 times smaller and that gap is only getting bigger. This is not the only problem however, even scarier is the growing disparity of income within countries themselves. Brazil is perhaps a model example of such disparity; being home to some of the poorest as well as the richest people in the world. It's no secret either, the segregation between the rich and the poor can be seen by briefly taking a look at any country's education system, political system and even architecture. However shocking the differences between nations may be, take a tour of any one of them and there will be one common denominator: inequality.
Although it may be true that some inequality between the rich and poor can be beneficial to the economy, too much of a gap is having grave repercussions. For some children it may prove to be beneficial but it nevertheless has led to a future where the fate of one's parents ultimately determine's one's future. Even more frightening than this intergenerational inequality is the correlation between the parents' incomes and where they live. There is both good and bad news in regards to this fact. The good news is that in the passed few years there has not been a huge change in this disparity of income. However, the bad news is that the only reason for this stability is that we,as citizens of earth, can't really get any worse, in fact we have actuall...

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...distribute this wealth evenly across the nation so that way policies can cater to the greater good of the majority of the people. Inequality between nations is also pregnant with danger for the future. No child should be born with no real hopes and dreams for their future but this is proving to be the case. There will always be exceptions but countless countries leave children with very little option as to what their futures will look like, giving no way out and creating a vicious cycle of poverty. It is imperative that people begin to examine the causes and effects of these problems on a global scale before history repeats itself once more and their repercussions make them global issues. In conclusion, as long as the unequal distribution of wealth remains to be a problem, the stark divide between the rich and poor will result in nothing but affliction for all of us.

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