Wealth is a reservoir of any objects that holds significant meaning in society that are owned by a single entity be it man or organization. Wealth does not necessarily have to be in monetary form but can be considered in any form that has value attributed to it, thus this can even be coupled with the emotions of humans since a person with a sophisticated wealth of knowledge can use such to influence his/her own decisions and as such this form of wealth as with all forms is capable to affect circumstances and can be gained over time. In terms of the American Dream wealth is what is gained as a result of the realization of the dream and it is the main factor that when increased promotes social mobility which in turn stimulates wealth and this continues in a cycle with a positive feedback loop , thus in simple terms wealth can be both the cause and result of the American Dream.
The view of wealth and poverty by Americans is puzzling when compared to what is desired in the American Dream. According to Teid Cramer of the New America Foundation, most Americans are willing to accept the existence of poverty and an increase in its growing rate as long as economic progress will result but of course he said that this was temporary and most Americans would like to see a decrease in the gap. This comment, assuming that it embodies the views of the American people, shows that progress of wealth is more valued that's poverty, and since wealth is what causes the actualization of the American Dream it shows an aspect of self-interest since if one has enough wealth in order to invest and increase there base wealth then they can move in social mobility, but the only way for this to happen is if there was economic progress, even if achieving this progress causes the poor to become more poor. Thus this desire to improve ones life cannot exist for all since any sort of increase on one side will have consequences on the other even if this includes the suppression of others development. Poor Americans on the other hand view the wealth as not as a source of power but rather oppression, for most people bellow the poverty have enough money to support there basic needs, and can barely save anything; this, however, according to Stuart Butler of Herotage Foundation, is partially a problem of the poor themselves for they choose whatever money they have left on lottery tickets and payday lenders rather than actually saving money, and so while the rich save and invest money to increase there wealth, the poor keep getting poorer and more indebt, thus making it hard for any possible mobility in socio-economic aspect of the world.
Omarx's..... I mean Omar's attitude towards wealth and poverty in relation to the American Dream, isquite depressing actually since the facts all lead to the... fact that the American Dream is a myth, in terms of logic it is impossible for every citizen to become prosperous and have great wealth without being hindered in some manner that would make any social mobility aspect impossible. Firstly in order for anyone to gain wealth then another must give up wealth. Wealth is like the movement of water from a container to another it can move completely from one container to the other but cannot exist in both simultaneously without the acknowledgement that there will not be any increase in both containers of water. The flow of wealth verily works in a similar manner since people sell services or products for wealth, but that wealth obviously must come from other people this the constant redistribution of wealth is what keeps people alive, and as for poverty it exists due to the previous economic policy's of mankknds history that is filled with great injustice, so how can this be solved asks you...... Well I'll tell you.... Poverty rises from the greed and self interest of mankind as well as from indecisive decisions, thus the only way to solve this is with .....................……….………....................... wait for it ................................................................... niceness. Of people would help others and expect nothing in return.... Aka high interst rates.... then the economic status of the world will be so exceptional that economic progress won't even be a thing since humans have reached there limit........ thus the ultimate cause of poverty is human greed which can only be remedied if humans give up the want to be rich for it is truly illogical... money should only be used to meet basic needs and from that point people should try to strive for self actualization and self transcendence as according to Maslow ( pronounced MASH LAO). So Omar's view is that wealth and poverty are mere illusions that need to be ignored, for the human ignorance of clinging to material wealth is what causes so great misery, and that te American Dream is just wishful thinking that results from assuming material wealth gives people happiness, and for that I shall give only one word: IGNOMINOUS
Citation:
Cramer, Reid, and Stuart Butler. "Wealth Inequality in America: Two Views." Spotlight on Poverty and Oppurtunity. Spotlight, 15 Mar. 2014. Web. 15 Mar. 2015.<http%3A%2F%2Fwww.spotlightonpoverty.org%2Fexclusivecommentary.aspx%3Fid%3Dbbded7bd-f034-49a6-9813-0f2b29fe8d6a>.
I like how you viewed wealth as the American Dream as two parts of a positive feedback loop. The way you explained it made sense to me, because along with wealth comes the power to express your ideas to a larger range of people. I also like the way that you determined that wealth is fueled by poverty, but I think that there is more to the equation than simply the amount of wealth. Science and technology are important for improving quality of life. Therefore, although a society might distribute its wealth more or less equally, I would argue that over the long term, whatever distribution of wealth leads to the greatest amount of scientific progress has the greatest returns for future generation.
ReplyDeleteYes, I see your point Oliver, I didn't think it through to that extent, I guess I need to reevaluate my view on how wealth works?
ReplyDeleteO'Meric-he-didn't, (I think your obsession with logic may be growing haha)
ReplyDeleteSince it seems to bother you, I think I'll poke holes in the logic. If the ultimate cause of poverty is greed, is there an ultimate cause of wealth? Would it be inversive and be generosity? I find that this is in fact the opposite. I think the two are reversed. It takes a driven person to put money before others or themselves. I don't think victim blaming is the answer. Calling the poor greedy just perpetuates stereotypes that do no good. The logic isn't so black and white with this one. Still-- interesting opinion. Omarxist ideas may just spread yet. Trooop biennn
Tsk tsk tsk.... Zack I think you misunderstood, everything I said, firstly I never said that poor people are necessarily greedy, I was speaking of greed as a whole, and secondly wealth has no ultimate cause, the same with poverty, one can buy a lottery ticket one time in his/her life and become millionaire, or one can "earn" their wealth in a bajillion other ways, the same with poverty, I just outlined a major factor in the cause of economic division, and that's greed, but there are many other factors, and this it actually is black and white, or rather many blacks and many whites jumbled next to each other, so it appears to the unaware viewer as gray from far away, but upon perfect examination it becomes clear that there is always defining factors for all that occurs, and although there might be many, and they can be to complex for human understanding and processing, it is illogical to call them being neither true or false and defined or undefined, all becomes clear when every aspect is examined, and thus the status of validity is dependent on the state of all claims conveyed in any spectrum or argument, and with such I refute the attack on the integrity of the Omarxist view on the Omerican Dream.......
ReplyDeleteGood day to you sir