Thursday, October 15, 2020

CEO living conditions


    People in America certainly live in cruel and inhumane conditions. These "cruel nd inhumane" conditions can be summarized generally as a lack of livelihood wellbeing, which can furthermore be blamed on an insuffient pool of money disbursement throughout American economy.  Simply speaking there is not enough money to go around for everyone and people suffer from this. It should also be addressed that these "cruel and inhume" living situations for many Americans (as it primarily is a monetary issue) many people do not seek out monetary handouts and are fine with living in their peaceful bubble as long as they are sustained and overall happy. 

    According to the Bureau of labor statistics, world bank and NPR the global household wealth is around 241  trillion dollars in physical coin money in the world. If one was to divide this 241 trillion dollars evenly to the world 7.8 billion people everyone would have an approximate 34,428 dollars to sustain themselves. This explaining is simply for people to understand the strain of how little money is actually in the world in relation to the amount of people that populate the earth. This 34,428 is currently stretched so far between CEOs that have such a monetary and moral hold on the people that work for them. The rich continues to get richer and the impoverished continues to increase to no avail.

    People in America that understand these truths regarding the rich getting richer. We talk about how difficult it is to get a high rewarding job in the current American economy and struggle with simple purchases. So yes people are aware of CEOs and how much better off they are from the rest of the American population. The struggle is that as much as people talk about the rich getting richer there isn't much a simpleton person can do about that. Ideally if the middle clas America could grow, and expand more sustainable jobs for more overall people instead of more luxurious lifestyles for the top class population of America an equality would begin to grow.

2 comments:

  1. Commented on post written by Kathryn and post written by Caroline

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  2. I absolutely see what you mean about the CEO and upper upper class's hoarding of wealth is abysmal. Simply shrinking the upper class, though, and growing the middle class is not a solution to poverty and climate change. When the middle class was bigger, the black population and other minorities were still suffering due to systemic racism and other factors of our capitalist system working against them. I would also argue that growing the middle class is not that possible at this point either. The pandemic has increased Jeff Bezos's wealth nearly 100 billion dollars, while over 200,000 people were left to die. The lower class is suffering more than ever, and the government is actively working to sustain this. We are not winning, and the government is not working for us.

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