Sample Essay Why The Rich Are Getting Richer, and the Poor, Poorer

Why the Rich Are Getting Richer and the Poor, Poorer

Robert Reich claims that world poverty is a result of the inefficient and ineffective implementation of the policies and tasks necessary to satisfy the needs of the citizens of a country or institution. He believes that poverty also arises on the careless management of the processes involved in the production and distribution of products and services necessary to satisfy the needs of the people.

Reich contends that the simple reason as to why there is a significant difference in terms of the wages of white and blue-collared workers in America is because of the fact that stability of its workforce has weakened over the past decades. Add the fact that in the advent of modernization and globalization, workers become much more naturally inclined to work overseas for greener pastures.

More often than not, multinational companies in the US like AT&T don't really have the initiative to make an impact to world poverty. Instead, these companies engage in activities that various schools of thought typically associate with “making an impact” towards world poverty. These activities include the donation of products and services to selected underdeveloped areas as well as establishing various social welfare development projects. However, to make an impact, multinational companies must deal with all processes also done by most companies and organizations concerned with world poverty situation. A great deal of emphasis lies on the efficiency and effectiveness of these processes.