Inequality between rich and poor


I grew up in Madagascar and now I live in France, a developed country. Madagascar keeps getting poorer while France keeps getting more developed. However, if there is one thing we can clearly see even in a developed country, it is the inequality between rich and poor people.
The inequalities seem to accumulate and are not randomly distributed. For most they are within the same households and they accumulate over time from generation to generation. This means some people have an advantage or disadvantage from the beginning (such as money, power or relation).
How can this growth of inequalities around the world be explained?
The first thing we can say is that the economic inequalities accumulate and they lead to more inequalities. Let’s take the case of income disparities and wealth differences.
We can clearly notice that the income bias generate inequalities of wealth. To be more precise, we need money to improve our wealth in order to buy better quality food or to have a better living place.

We can also say is that the richer you are, the richer you become, whereas when you are poor you remain poor because you do not have enough money to save, and all your salary goes to your daily expenses such as paying your rent, insurance or just for food.
As a result, wealth inequalities are as important as income inequalities.

The second thing is differences in employment generate income and wealth inequalities. Some companies may be racist or consider the fact that we are a foreigner so they can pay us less for more work. For example for two people from different backgrounds doing the same work, they may receive different salaries.
Along with economic inequalities there are social inequalities. This happens even in one of the countries that respect the most human rights and equality for everyone: France.
As we know, high income or wealth makes it possible to access better living conditions, such as  better nutrition, better living, or better healthcare that extends life. They contribute to academic success by providing access to cultural practices that increase cultural capital (such as a prestigious school).
In their turn, social inequalities lead to economic and social inequalities. It means that a better health, higher cultural capital and easier living conditions (such as relations, money or the places we live in) make it easier to find stable and high-quality jobs that are well paid which will improve the patrimony. While those who didn’t get enough money to access academic success will be doomed or it will be far more difficult for them to have access. This is what France is doing right now with president Macron. The current president is badly seen among french people and especially among foreign students because he promotes rich people and taxes foreigners and the middleclass. A lot of foreign students came from a poor country and a modest family to study French and cannot really afford high tuition fees. The current tuition fees are around 243 euros but since last November, because of his decision to raise the price of everything in order to compensate taxes he removed from the fortunate people, the yellow jackets in France are now out of control and university tuition fees rose up to 3770 euros in some cities. By raising this price, he said it will attract more foreign student which is actually wrong because this year the number of foreign students who wanted to come to France since dropped by 10% since the application of this new law.
So we can note that, alongside economic and social inequalities, there are inequalities that can take the form of discrimination and add to the disadvantages of the populations.
 
To conclude, if the cultural and social heritage of the individual is high, it will be easier for that person to be successful compared to someone with a low cultural or capital legacy and it will also be easier to find a stable and well-paid job with good working conditions, thus perpetuating the inequalities of life.

Comments

  1. Hello,

    Thank you for yor article, it is a very interesting topic. Growing inequalities is a current issue that concerns many people in the world. I can also relate to this topic as a french student seeing growing discrimination between students who can afford a private academic institution and those who cannot. We can see this discrimination from recruiters after graduation but also between the students themselves. Do you think this situation of inequality in the french academic system can be improved with time ?

    Thank you in advance for your answer,

    Amandine.M

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    Replies
    1. Hello Amandine,

      Thank you for your comment. I do think that this situation can be improved with time, but I do not think it'll something easy to do. Currently, everyone is fighthing for a better world and I do believe that this is a battle we can win.

      Clinton T.

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  2. Hello,

    Thank you for your article and your point of view that differs of mine. I often hear that the rich are getting richer and the poor are getting poorer. I think that the main difference between the rich and the poor is all about financial intelligence and you just have to read books to learn about that. The rich know how to keep their money and make it grow while the poor spend all of their money on meaningless things because of emotions.

    I am conscious I will sound like a douchebag for what I am going to say but don't you think that the poor are always complaining and try to make excuses about their situation rather than doing something to get out of their situation ? For them, it's someone's fault.

    I don't like to talk about myself but in my opinion, you don't need to have a lot of money to start building wealth. I started with €50 - invested in myself with books - because most schools rejected me so I decided to learn by myself. I just apply how the rich think and it seems to work in case.

    Thank you in advance for your answer.

    Martin D.

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    Replies
    1. Hello Martin,

      Thank you for your comment. I understand your point of view.

      If you have the opportunity I highly recommend you to visit some countries that are not as developped as France. In your case you may be talking about people just complaining about their situation.

      I agree with you that rich people know how to keep their money, but how about their child? How about the people or countries they're destroying? How about children born in a poor family without even enough food to eat everyday?

      Once again thank you for your comment.

      Clinton T.

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  3. Hello Clinton,

    First I’d like to thank you for your article on such an interesting topic. I found your it very relevant especially the idea of a vicious circle for poor people and virtuous cycle for rich people, as if we couldn’t escape our condition and we are meant to stay in our social class without the possibility to upgrade. However I have to say that I don’t see what could be implemented to minimise this pattern especially that It appears to be global phenomenon that has been occurring for centuries. Have you had the opportunity to think about what could be developed ? Also concerning the last part of your article, do you believe that education could be a means to even out these inequalities ?

    Thank you,

    ZoƩ G.

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