Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Social and economic issues in the usa
Social and economic issues in the usa
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Social and economic issues in the usa
Before I am completely encapsulated with my emotions (mostly craze) I would like to make two statements whilst my mind remains somewhat stable… somewhat. The first being that several hundred news websites have published their own versions of this article; however, I chose to write about Fox News’ version. The second statement I am going to make is as follows. Fox news is the bane of my entire existence. Thank you. I’m going to refer to the world’s richest 62 as “greed” and Fox News as “ambition”. Greed and ambition eat at the same table. They both devour their meal; the delicious lower class. Fox news is right wing garbage. They are highly subjective and you would do yourself better by not watching the news entirely as opposed to watching …show more content…
them. Clearly I have a bias against them but the degree in which this article was composed is repulsive to an alarming extent. Oxfam’s latest report was focused on an increasingly obscene wealth inequality and the stranglehold exerted by a global elite. This alarming discovery outlines that 53 men and 9 women have as much wealth as more than 3.6 billion people on this planet. This finding highlights how extreme inequality has bred rapidly since capitalism has tightened its reigns on society. Of the richest 62 people, we have another subcategory; the top 10 richest of the richest 62. A mouthful, I know but bear with me. Amidst these top 10, 7 of them are American corporate owners. Big names, big mouths and most of them are also big crooks. Suddenly, you start to see my point. Rather than outlining the shear horridness of this discovery, Fox News’ gently brushes this story off with such ease you might mistake the brushwork for Monet’s. Don’t bite the hand that feeds you as they say. You know the republican nitwits that support and fund Fox News? Yeah, well a bunch of them are amongst the richest 62, so you know, better safe than sorry. Who cares about the other 3.6 billion people on the planet? As long as the boss is happy, and the ticker tape that so incorrectly reads “fair & balanced” keeps on ticking, the folks at Fox news have no worries at all. I’m sure the fact that the world’s 62 richest individuals have the same net worth as the Earth’s poorest 3.5 billion inhabitants is as bland of statement as “Honey, we’re out of milk” to them - but for the rest of us, it’s nothing more than the distantly rational consequence of a petrified pile-up of embezzlement, genocide, corruption and deceit. The morbidity and mortality rate are obviously higher amongst the poor than the rich. It is not the average income of society that is the most imperative needle, but the size of the gap between the richest and the poorest in our society. Unfortunately, I myself don’t have a solution to this wealth gap. I have a hunch though as to why no one seems to care. Breaking down these billionaire’s possibly trillionaire’s assets could very well do wonders for this world.
The average value of these 62 is over 40 billion dollars. Multiply that by 62 and you get 2.54e+12. Honestly I don’t know what that means but we’ll stick with saying it’s an egregious sum of money. Now why this article and the statistics as a whole are so upsetting to me is due to the power of implication and overall lack of interest in wealth distribution. The reason everyone, especially Fox News is brushing this off is because the entire idea of a functioning capitalist system and the rights of the wealthiest individuals would collapse if anyone acted upon this uneven distribution. If you forcibly took the money from these rich people and redistributed it, what's going to come next? Why not take from the next richest 100 to even further close the gap? Why not just flatten out all inequality? The core of the entire economy of the horrendous corporate/capitalistic society we live in would be destroyed due to the implication that our money, sovereignty of self and assets isn’t safe. This in turn leads us full circle. Likely, all the wealthy people and their businesses would move overseas immediately, and the financial system would grind to a halt as people battled over the right to property and government interference. The capital markets wouldn't work, as intrinsic value means nothing when it can be stripped away without reason. Innovation would slow to a crawl as …show more content…
people are unsure if they want to invent something that will make them rich, only to have their money stripped away. Basically, the redistribution would add a few dollars to everyone’s bank account, regardless of average income. However, the implications of the redistribution would likely result in massive social unrest, riots, and an exodus of talent and wealth from the country. Transitions to a socialist state would end up being a bloody revolution as laws and ruling parties would be wiped out and those 62 would flee the nation to avoid prosecution. This kind of sounds like the basis for an X-files episode but if you really think about the world we live in, it does hold a lot of truth. This brings us to the influence of the wealthy. War is never inadvertent; it’s always a lucid policy choice.
A state doesn’t wage war for humanitarian reasons; the single purpose of any war is to placate the hysterical appetite for new income and to appease supporters of the state. Though, world powers continue to weep over humanitarian crises They can’t seem to figure out why so many people are dying of hunger, diseases etc. in these war ravaged countries. Actually, its not that they can’t figure it out, its more that in dealing with the root of the problem, they would indirectly be taking responsibility for the deaths involved, the wealth gap and the fact that they are being bought off while simultaneously cutting into their own green filled pockets. Authority and dispensation are being used to rig the structure to continue the slit between the richest and the rest of us to planes that have not been seen before. Wealth is being pulled upwards at an alarming rate and the importance of the lower class becomes less and less each day as the value of money increases. Greed is unmanageable without money; all other kinds of accretion and of mania for it appear as nascent. Greed though, is centered on those little green rectangles that allow one to rule the
world. Contrary to what Fox News says, it doesn't have to be this way. Life-threatening disparity is not inevitable. It is the consequence and fusion of greed and political corruption. A world where economic growth benefits the poorest people is in fact feasible. We could live in a world where wealth is distributed evenly, but instead we ruin the countries we govern and the people in our care. We slaughter our enemies and sacrifice all our allies. We’ll keep killing till there’s nothing left but to destroy ourselves. It will never be enough, and why? To ensure that those never ending stacks of cash keep flowing to those 62 people who own this worl
Time and time again we hear politicians and office holders preach the need for a powerful middle-class. You may then be surprised to hear that “about 82% of America’s net worth belongs to the top 20%, the next 80% of people only own about 18% of America’s wealth” (UCSC). Some may argue that this disproportion is the beauty of capitalism, the chance to create an empire. I argue that the proportions are simply unfair. Why is it that “ the average CEO makes 350X as much as his/her employee” (UCSC)?
Fox news has been known to have controversies on whether or not they can be trusted, and where they stand in certain situations, stirring many articles and researchers to determine their reliability. It has been researched that approximately sixty percent of all “facts” reported by Fox news are false (Mintpress News Desk). The Network has become one of the biggest sources that lie to the public, beating numbers even from CNN and MSNBC. A poll from the Pew Research Center Project for Excellence in Journalism was determining the percentage of commentary/opinion and factual reporting for three different news groups: Fox, CNN, and MSNBC. Fox news has been shown to be forty-five percent factual reporting, but fifty-five
With each class comes a certain level in financial standing, the lower class having the lowest income and the upper class having the highest income. According to Mantsios’ “Class in America” the wealthiest one percent of the American population hold thirty-four percent of the total national wealth and while this is going on nearly thirty-seven million Americans across the nation live in unrelenting poverty (Mantsios 284-6). There is a clear difference in the way that these two groups of people live, one is extreme poverty and the other extremely
Inside of this video, this guy really targets an issue nobody has really been presented. He shows charts that talk about how we Americans think our wealth is distributed. We think distribution is doing alright. Americans think that the bottom 40% is getting a bit of money. They also believe that the middle class is doing reasonably well. Unfortunately, that is not the case. In the video, he breaks it down a little bit getter. He shows a graph that shows how money is actually being distributed. The poorest of poor don 't even register on the poverty line. The middle class is barely making it. And then there is this huge difference between "the rich" and the poor. It is proven that the 1% of America has 40% of the entire nation 's wealth ("Wealth Inequality in America."). The bottom 80% of America only share 7% of the nation 's wealth among themselves. The top 1% has 50% of the stocks, bonds, and mutual funds. The bottom 50% of Americans only own 0.5% ("Wealth Inequality in America."). The poor is not just getting by but they are scraping and fighting to get by. Now that it is clear that there is a lot of poor people in America, it is important to figure out how to fix
Fox News is constantly being bombarded with accusations of media bias, furthermore, a number of different instances of have occurred which question the validity of Fox News (Groeling). These instances occur throughout normal news broadcasts. Some of the more recent, and grossly biased broadcasts, were from the 2008 and 2012 presidential elections. Historically the Fox News Channel is known to lean heavily to the right, or on the republican spectrum. President Barrack Obama’s political party is widely known to the public as being democratic. Statistically, to this day according to studies over 17 million households receive some form of the Fox News Channel (Auletta). The Fox News Channel is published through a number of different channels to its viewers. These channels include: Television, radio, newspaper, internet and more increasingly electro...
After twenty-eight years working for CBS, Bernard Goldberg decided that he no longer wanted to work for a news station he didn’t admire. Thus, he resigned and began work on his book Bias; a book in which he merely draws attention to the media for reporting from a leftist perspective, preventing the audience from receiving an objective, unbiased view of what really goes on in our world. As an “old-fashioned liberal,” as he calls himself, he does not attempt to gain conservative support for accusing liberals of bias. Rather, he would prefer liberal support for acknowledging this problem in hopes of changing the face of news. He bases his book on his personal experience as a former news anchor for CBS. Despite popular belief, he meant no harm in his book (or in his editorials) to his previous employees. His only hope was to point out an alarmingly, already well-known fact; that reporters, even if unintentionally, at news stations like CBS, NBC, and ABC report the news from their liberal viewpoint, inhibiting their audiences’s right to an accurate portrayal of our news.
Both CNN and Fox News influence these immense populations with how each utilize pathos, ethos and logos in the topics discussed during the broadcasted show. For example, Fox News 's audience seems to be primarily conservative, while CNN’s audience seem to be more liberal (Engel). So each network’s stories “focus on the issues that” conservatives or liberals “want to watch and talk about” (James). These topics are used to develop a more conservative or liberal fan base in the respective news networks. As the dominant news network on cable television, Fox News impacts the greatest quantity of citizens, bringing in an audience of over two million for primetime (James). Therefore, Fox News influences the largest percentage of Americans listening to news networks by effectively using these manipulative literary techniques. However, CNN has a younger audience than Fox News (Carter), which contributes to CNN’s audience growing from 350,000 a night, in 2013 (Agee), to 629,000 viewers a night (James). CNN and Fox News compete with each other to influence the greatest amount of people and the public’s opinion of current events. Each network appeals to pathos, logos and ethos differently and similarly to coax the greatest amount of listeners each night.
The wealthiest one percent of our nation owns half the financial assets and 38 percent of the total wealth. They have more money than the bottom 90 percent combined. The next richest nine percent also have more money than the bottom 90 percent combined. These people are so filthy rich they can literally burn hundred dollar bills and laugh about it. But that's not why I'm upset; that's merely capitalism at work. Capitalism is important because it provides a framework for people to aspire for more. But the downside is that an entirely different class is produced. Although small in numbers, this class of people has an infinite amount of power. I get really upset when I see these people, who are already beyond the definition of rich, committing fraud or perpetuating unfair political policies that keep them and their friends so wealthy. This extreme greed and corruption are the targets of my attack.
The richest people who seem to keep getting richer have been walking into their wealth since the day they have been born. It has been proven by how the companies have been popping up around the world, how the companies are being bribed by governors trying to make their state seem more economically powerful. “Philips, Sony, and Toyota factories are popping up all over—to the self congratulatory applause of the nation’s governors and mayors, who have lured them with promises of tax abatements and new sewers, among other amenities.” (Paragraph 17) People are born into their jobs, and are doomed for their economic boats. IN other countries such as China, it has been proven that the families with the moneys are the ones with the money, are the ones with the economic power. “Many wealthy Chinese and western residents moved their money abroad and some actually left the colony. By 1971, the Cultural Revolution in China had ended in failure and conditions in Hong Kong calmed,” (Lannom) such as Gloria Lannom states, yet it took a while for Hong Kong to rebuild its economic standings because of this
a story does not fit in with their agenda they do not print it and
“Why the Rich are getting Richer and the Poor, Poorer” written by Robert Reich, describes as the title says, why the rich are getting richer and the poor, poorer. In Reich’s essay he delves into numerous reasons and gives examples of each. It makes one wonder if the world will continue on the path of complete economic separation between the rich and the poor.
Choosing what news station to watch can be a big deal. Maybe one person identifies with Fox News more and maybe one person identifies with CNN more. Whatever news station one chooses there might be some biases with how news stories are reported. These biases may be harmful to the facts that need to be reported on, or it could just be a part of being human. All people have opinions, and that includes reporters. However, it is a reporter’s job to share the facts and not the opinions. In this paper I will first define what journalistic objectivity, and then address the following questions, Can or should a journalist be objective, under what circumstances can objective journalism be beneficial, and under what circumstances can objective journalism be harmful?
In an opinion article by the Los Angeles Times, readers write letters to the editorial. The reader talks about their distain for the fake news that has been going around recently. They that journalists report fake and misleading stories for personal profit. People today mostly get their news from the internet, some people are more critical on the new stories they read, whereas others are gullible and will believe anything they read. The reader say that a real journalist wouldn’t make up click-bait stories, and would instead be more preoccupied with doing research and reporting the facts. They even compare reporting fake news to shouting “fire” in a crowd (Bramen).
Over the past few years, a number of occurrences have displayed the growing economic and political inequality of the United States. The currently dissipated Occupy Movement did draw the general public’s attention to the ridiculous strides made by the rich, whose incomes have skyrocketed within the past four decades. Those pertaining to the middle-income and poor have sadly had their incomes stagnate. According to Caroline Fairchild from the Huffington Post the middle class incomes steadily is on the decline. In 1968 the middle class earned about 53.2 percent of national income in 1968. This number has now fallen to 45.7 percent. Super PACs became a concern as more individual donors willingly wrote up enormous checks to support their particular candidates. As a result, this gave prominence to the growing political inequality, as well as highlighting the rich’s ability to have their words have much more weight over the average citizen in America.
One of the biggest issues that has been plaguing north america is the huge gap between the rich and the poor. As this gap increases the more corrupt the people in it seem to get. This becomes even more of a problem because with the system that the Americas uses only the rich get richer. The source believes that it is the framework of our society that creates this gap and this makes sense. The western world is filled with the idea that in order to be happy a person must have as much money as possible however, this leads to people doing whatever they deem necessary to become more rich; this includes ignoring the position they are putting others in. since those with lots of money have power over jobs and income, the people below them will not have the power to confront low income therefore the source says that the people that have power over the upper