The Importance Of Income Inequality In Society

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Currently, as it is, income inequality is already a prevalent issue in today’s society where there is still currently a lot of people employed. “As of 2013, the top 1% of households, the upper class owned almost 39.8% of all privately held wealth in the United States” (Bloomberg 2014). Imagine as society gets further along, technology wise and more advanced, the distribution of wealth and money will be heavily tilted towards C.E.Os, corporations, and business owners. As jobs become obsolete, the general population will live in less than desirable conditions and increase the poverty rates across the world.
As the demand for new technologies and inventions keep rising, so will the need for materials from our environment in order to create them. “Examples of consumer and industrial technologies involving the use of rare earths include iPhones, Blackberries, fiber optics, computer disk drives and memory chips, LCDs, superconductors, X-ray tubes, lasers, petroleum refining, and magnets” (Hensel …show more content…

As technology is evolving, so is our ability to kill, technology is enabling us to become efficient killing machines. Guns and missiles can all strike from distances, with greater accuracy and killing ability. A bomb dropped on a city can annihilate it within a matter of seconds much like the atomic bombings of Hiroshima and Nagasaki during World War II. While the thought of a bomb dropping on your city is freighting, society should be more concern with the fact that these type of caliber bombs will be controlled by machines. Militaries around the world are developing new and advanced technologies all in the sake of having the biggest stick in a fight. All in the name of security. Knowing that all of a country’s missile arsenal is heavily infused with modern or even advanced technology is a terrify thought, cyber security has become a major area of

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