Brief analysis of the article “why the rich are getting richer”, by robert c. lieberman

Brief analysis of the article “Why the rich are getting richer”, by Robert C. Lieberman

At the beginning of the article, the author refers to the facts that are occurring since the Great Depression of 1929 in the United States, considered the longest and most severe economic depression ever experienced by the Western world. Lieberman talks about the issues that the unemployed, or themillions of Americans (around 10%) who couldn’t have a house to sleep in, were going through and their valid opinions about it.
On the other hand, there are the wealthiest Americans in the whole world, people who have the money enough to live and beyond. Isn’t it ironic, that between this misery and the awkward fact, there are millions of people who can stop working and live at least 20 years withoutearning money because they have enough of it? And another truth is that those people, who are incredibly rich, get even richer, and those people who are “poor” (in terms of economy), can’t access a stable American lifestyle, because during forty years, in the US, there has been a trend of ballooning incomes at the very top and stagnant incomes in the middle and at the bottom. That’s why theeconomy of the United States of America is the largest economy in the world. But, who’s in charge of the financial awards in the US? The political scientists Jacob Hacker and Paul Pierson can answer that question with their “winner-takes-all economy” theory. They establish that the financial awards is concentrated among a tiny elite, however it has its side effects, where the unprotected middle classis at risk. In fact, the United States has more inequality than Ghana, Turkmenistan or even Nicaragua. Talking about equality, the United States’ Gross Domestic Product (GDP) in 2009 was 14.119.000.000.000$ dollars. It’s kind of weird that this country that is less equal than Ghana earns more GDP than this African country, where its GDP in 2009 was 26.169.336.384$ dollars (El Banco Mundial ,2011).
As the text says, the economic forces do influence the wealth, because of the following causes: “(1) technological changes, making workers more productive; (2) rise of global markets, that takes the manufacturing sector away and it reoriented the U.S economy toward the service sector, where its economy is concentrated in retail sales, entertainment, where the salaries are low, unions are weak,and works are expendable” (Lieberman, 2011).
As the reader has noticed so far, this issue of this domestic inequality is occurring only in the US, but it could be taken into a global scenario: globalization. Some experts in this subject claim that these developments are unstoppable. There are also those skeptics of globalization who talk about the consequences of these trends, which havebenefits on elite while leaving other workers behind.
The fact that the rich US citizen’s incomes are high isn’t new; it does have its background years ago in the United States political changes field.
Relying on what Pearson and Hacker said, they establish that all the problematic around the inequality in the US, doesn’t match with the market forces, being the latter the causes. Their opinion isthat, the inequality is the result of the public policies. An example that proves their opinion is those policy changes approved by the Congress in the 70’s in favor of the high class. But, there weren’t the only tax cuts in this country history. Pitifully, these political reforms make the rich people, richer, however nothing happens to the unemployed and the percentage is going up, by both sides.At least, it’s been difficult to the unions to organize the workers by the labor policies and on the other side is a counterweight because of the business power. So, it could be concluded that in the US does exist inequality, however is the most powerful country in the whole world nowadays?
During the administration of Ronald Reagan (1981-1989) and George W. Bush (2001–2009) it occurred...