Wealth In America Analysis

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The story started with a son which wanted to surprise his father for his birthday. His son was focusing on documentary wealth and social classes. Jamie and his family used to discuss and have a meeting every year about their finances, his family kept going richer every year. They believe that was an issue because had so much wealth compared to others in the United States. Jamie kept asking his father about this issue but he believes that there is no solution for it. His father in his age filmed about poverty in Africa and his family got upset at him and they rebuked him. However, there is a difference between rich and poor which is social classes. The richest people 1% take about 40 percent of the country’s wealth. The one percent of the people which are rich make about a million dollar and which …show more content…
In addition, they believed that wealthy individuals’ success would benefit the American economy. Several ideas came by the economist Milton Friedman and he received a Nobel prize at 1976. Richers wanted their fortunate to still grow like Paul who thought that the moon would become in his portfolio. I feel that there’s a big huge gap and disparity between poor and wealthy people, I think that would have done something better if they actually focused on things that would help poor people in the lower class by offering jobs and creating ways to make people having kind of equal ranks about finances. I noticed that rich people are taking the top place in America, even though some of them are not promoting beneficial things from their finances. The most thing that stood to me when I saw the schools and how poorly they were built with low quality of getting an education. In the video, they mentioned Herbert Spencer about social Darwinism which it was a theory about that keeping the rich people get richer is a helpful way for society to discourage poor people from having a lot of

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