What are some examples of systematic ways wealthy people perpetuate their wealth that further disadvantage poor people?
- 2 months ago
By voting in politicians that promote giving support to poor people and therefore keeping them poor.
- rickLv 72 months ago
Lobbying politicians for tax structures to favor high incomes. Eliminating welfare and assistance programs. Making education more expensive. Nepotism in hiring and promotions. Voting Republican.
- Anonymous2 months ago
They inherit some of it, they can start businesses with it and pay people less than they need to survive for full time work, they can buy property and charge more than their mortgage to rent it to several people, they can buy media companies and propagate a narrative that poor people are all lazy, they can donate to political campaigns and super PACs to influence politicians to make laws that benefit wealthy people.
- BoboLv 72 months ago
There are no examples. The wealthy do not step on the poor in order to maintain their wealth. The poor could become wealthy themselves if they simply made the effort. First you have to develop your individual knowledge, skills, and abilities and put those to use in a field that rewards you with money. There is no secret to being wealthy--it takes effort and far too often, people are not willing to put in the effort to generate wealth.
- What do you think of the answers? You can sign in to give your opinion on the answer.
- CarolLv 52 months ago
They are thrifty, work hard, and make sensible life choices.
- Anonymous2 months ago
Probably a controversial answer, but investing. It's an option that only the well off can safely and reliably do, and therefore simply becomes the movement of money between rich people. They can all then generate interest from banks, and increasing their own wealth. The reason I think this is such a big point is because the people doing aren't producing anything, the money itself is the product and they're getting paid to use it. This affects the poor in a less clear cut way, but effects them non-the less. when products aren't being created to be accessible, their cost is increased, and this way of increasing the price isn't sustainable as the worth of the money is only really changed in the perspective of the rich people, as the poor peoples incomes aren't changed. It's not the most obvious example, but a more subtle strain that no one seems to talk about.