Wealth Vs Work is popular PDF and ePub book, written by Allan C. Ornstein in 2012-01-05, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Wealth Vs Work can be Read Online from any device for your convenience.
Wealth Vs Work Book PDF Summary
Wealth vs. Work: How 1% Victimize 99% is about the vanishing American dream, growing inequality inAmerica, shrinking and struggling middle class, plight of labor and unions, economic decline of the nation, and a broken and unstable world surrounding theU.S. Education is no longer the great equalizer. We are heading toward a world where inherited privilege trumps excellence and meritocracy. Carried far enough, it means the end of striving and the American dream. Few Americans realize or want to admit it. Since recorded history, workers have been victimized by the rich and super rich, treated as fungible and disposable. The early warlords and monarchs have been replaced by the titans of industry and masters of the universe on Wall Street. The slaves, peasants and serfs have been replaced by miners, factory workers, and service-sector workers. The GM model of the 1950s and 1960s (that permitted labor to become middle class) has been replaced by the Wal-Mart modelcharacterized by low pay and minimal benefits. By 2025, the economic output of China and India may likely each exceed the U.S. Moreover, the U.S. work force is being increasingly displaced by technology and outsourcing. But we are supposed to be the lucky ones! By historical and geographical accident, the U.S. has been spared most of the worlds poverty and misery. Today, however, the U.S. is heading towards a financial oligarchymuch worse than the aristocratic old world that our Founding Fathers feared and tried to avoid. Yes, the U.S. had a revolution, but in fact it has a new and more powerful elite because the economic pie has expanded several thousand fold since the yeoman farmers status was compared to the plantation owner. Right now the top 1 percent in the U.S. own nearly 40 percent of the nations wealth; moreover, their investments, capital gains and dividends are taxed at a lower rate than workers salaries. Like all great civilizations that have declined before us, we are a nation that needs to re-examine its ideals and institutions.
Detail Book of Wealth Vs Work PDF
- Author : Allan C. Ornstein
- Release : 05 January 2012
- Publisher : AuthorHouse
- ISBN : 9781467033305
- Genre : Business & Economics
- Total Page : 321 pages
- Language : English
- PDF File Size : 9,7 Mb
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