Unfair Distribution of Wealth

Unfair distribution of wealth has created a big difference between the rich and the poor. 80% of the world population has only 20% of the wealth, but 20% of the world population has up to 80% of the wealth.

There are no actual cause, but the difference of wealth between rich and poor people started to increase after the Industrial Revolution. Rich countries say that they invest in poor countries and help them develop, but in fact, they take out from developing countries 2 trillion dollars each year. The top 20% of the wealthiest people have almost all the wealth, while the bottom 20% do not have enough money for medications, education, etc.

 Some people might say a CEO that makes 1 million a year works harder than a construction worker that makes 40,000$ a year, but that is a misunderstanding that people do not know about. CEOs do not necessarily work harder than construction workers. A CEO might sit at their office for 8 hours a day, have other people do their work, and still get paid with top notch salary. While the construction worker works 8 hours a day, that person does not make enough to pay for their basic needs, which leads to this person working overtime, summing up 12 hours a day. The construction worker has to work in harsh condition under extreme weather. There are also risks of getting injured, or lost of life. Why do CEOs get paid higher than construction workers while clearly the workers do much more work? CEOs need high demand of intellectual knowledge to be able to run a company and control the people under them, while a construction worker just receive an order and do as the higher ranking commander says. Impecunious has lead people into poverty, and without any proper needs provided.

The government steps in to somewhat bring balance to society. The government taxes rich people a higher rate. The bigger the salary, the bigger the tax. Charity could be opened to support people in dire needs. Many other solutions have been provided to extricate the bottom 20% from poverty.

Unfair distribution is a problem that is debated in the world at the moment. It is a necessity that we take it with utmost seriousness and obligation. We need to act now, for every second we waste, more people are falling under the poverty line, and the people that are under that line are despondent for our aid.

Update: Our class has started a donation campaign and we have raised 1,085,000 VNĐ along with 1 dollar. Some of the members had been very generous with their donation and showed great elan towards this project. Thank you all.