[ASK] why is the year getting rich getting richer?

[valeviarizona]

why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

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[Indohunter]

why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

I think the thing that need to be changed is our mindset.
Yes, mostly the rich guys comes from rich family. But, we can see Alibaba or other inspired peoples, there are a great effort from them to reached their success.
keep holding yours and continue the effort.

[jademaxsuy]

I guess joining crypto will minimize the situation. Why? Cryptocurrency could be community based projects in a form of ICO (Initial Coin Offering). This is opposite to capitalist form where an individual with lot of money invest in a certain project with his own money. Of course the profit will be going to the capitalist only since he is the one who made the project possible. And this is opposite to ICO where in all of the members who are investing in the project will earn together. So i guess promoting a project implementing it will minimize this capitalist people to monopolize the business sectors and it is also time for the poor to get profit in the process of implementing the project.

[KrishaBitcoin]

why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

This is normal because the rich have a huge source of resources to be use as capital for entrepreneur, businesses and investments unlike the poor in which they need to borrow the amount that will be needed for a certain investment in which if the investments will failed it will become a big problem because they loss the resources and they will need to pay the borrowed amount. I think there is no solution on this problem because this problem is already in history.

[GoldenLad]

why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

Life is unfair and so is the people in it. I usually use to think that everyone and wealth distribution should be equal but I have come to realize that such things don't happen. But at least, the gap between the rich and the poor shouldn't  be too much. If people could learn to look out for each other and help people who they are  higher than then probably the world  would have been a better place.

[fiulpro]

Well that's a quote from the history books I read back in the school , glad to remember it.

Well that's just because education is what I think..
Poor's are not being able to afford a good education neither the environment is being provided to their offsprings , they often think that more kids means more hands to work and willing in developing countries they don't send them to schools and stuff when every system is present there .

The person to person counselling needs to be done and the good thing is anyone can do this literally anyone !
But people are not willing to.

A good educated individual would be able to provide a stable income for the family as compared to physical labour.

[Mometaskers]

Accumulation of wealth. It almost always happen in any society, especially in capitalist countries. Even China is just communist by name now. I believe this is one reason for the inheritance tax.

The only consolation for people is that in most democratic countries, it is possible to climb up the socioeconomic ladder, even if not within the same generation. Wealth sometimes take a bit to accumulate, some are just better at it (and got a headstart) than others.

[Beerwizzard]

First of all poor people are not getting poorer. At least is you are not talking about 3rd world countries. The gap is getting bigger because the capital and its wise usage is awarding money. If you take a look at working class then it will be easy to see that their life quality is growing pretty fast, faster then ever before. Everyone can get some new skills in the internet (for example you can easily become a QA tester after passing an online course) and get a good job. There is nothing bad that some people are getting wealthier. Don't count other people's money.

[1Referee]

The average person is soaked in debt, which in most cases is something they will be dealing with for their entire life. I see that around me as well. If we look around us, almost everything people buy is bought with debt, and I strongly believe that the system we're in is set up solely for that purpose; to keep people where they are on the financial ladder, or to only have them sink further down.

It shouldn't be coincidence anymore that people without debt are able to develop themselves better in every aspect, which translates into a wealth increase throughout the years, while those in debt don't come any further in life. Even if their level of debt isn't increasing, the increasing wealth of the other side is making sure that the gap is growing larger and larger. Debt is the poison of this world.

If you think the problem isn't debt related, just check out the figures released by the responsible departments in your country. You'll see how much more debt the average person is suffering from in comparison to the previous years. It's increase on top of increase on top of another increase. It won't stop.

[EdenHazard]

Actually a person's life can be changed, depending on the person. The poor can be rich as long as they have a clear vision, not just work for others and make money, it is a false vision. While the rich man has a clear vision of life, they will describe his vision of life to arrive at the desired goal. And this is not owned by the poor, they are only satisfied with the money he gets.

And most importantly the difference between rich people who will make themselves richer is the rich want to learn, whether the life lessons he has done or the lessons that will make him richer, while the poor he believes in his destiny is not to be changed other than to live according to circumstances.

This situation we can not blame anyone, many people who say that the government that makes the 'rule' the rich will get richer and poor will be poorer. And to get the wealth we do not need government, but we need ourselves.

[peter0425]

why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

Well rich people knows how to save and invest their money that's why they are getting richer every year. While the poor has a lot of options, they don't take the risk and have a mindset that they will stay poor in their life, they don't realized that being poor is a choice, well as far as I know. Most of time try their luck, specially in gambling like betting on lotteries to change their fortune.

Meanwhile, the rich people wakes up every morning, and think what they wanted to accomplish and they do it. The poor really need to change their mindset so that their life and fortune can be change as well.  They go for things that they have control and can affect their lives for the better.

[Gozie51]

Best scenario is that, the rich has the financial resources to take more risk, they are fast thinkers and see the future ahead but even when the poor man sees same opportunity, he might miss it while still looking for who to borrow money from...

[Vannie12]

With a post like that I assume that you are here for monetary reasons. Try to think other than that. Everyone is asking how to get rich with Cryptos, I think the have a very narrow concept about it.

But answering your question, there is no basis of what you are talking about. We can not conclude that every rich man becomes richer because not every rich people knows everything about crypto. They can actually lose though they have a lot as capital.

[Hydrogen]

why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

Social divides relating to wage and wealth inequality invoke historical connotations relating to class warfare. Educational institutions, the media and other sources seem to twist anything relating to class warfare into a racial issue. Rather than profits or money being the motive for wealth/wage gaps, its spun into a vaporware, smoke and mirrors, fiction whereby "racism" is the motive behind wealth/wage inequality. Right wingers and conservatives are the main demographics targeted.

First step to bringing "equality" to the global economy is the public becoming more informed and sidestepping political spin routinely applied to the debate. For wealth/wage disparity to be solved we must be informed and aware of what real issues are and how they can be addressed. There is some misinformation and inaccuracy spammed on the topic by sources people know and trust which prevents people from being united and supporting the right things for a fairer and more equal world to exist.

[really01]

The rich are the financially, they are who to pay employees. So they have a lot of privileges and economic benefits compared to poor workers. In addition, the poor working outside the clothes and rice money, they also incurred other costs such as disease (this is very high prices in poor countries), raising children, repair home and so on, while they only depend on a single source of income, sometimes with no income if they lose their labor. So the poor are poorer.

[xuan87]

Well the way of making money now is different with old times, the competition is harsh, and now is the era of using money to make more money, only few percent of people that able to rise from poor to rich, the one that need to be done are be creative about earning, always find fresh idea to make money, make opportunities from anything, hard working and perseverance

[ntodntodan69]

the gap between the rich and the poor can not be avoided, the situation is back to the behavior of each of the rich who do not want to help the poor to get a better life and the poor who seemed to resigned to the situation and did not want to change the circumstances of his life

[Moiyah]

I, once watched video on youtube. I forgot that inspirational video's title. But they have given an emphasis as why rich people becomes richer is that they tend to take more risk in investing more than they have. When people who are successful in their earnings, didn't use their money un an useless things, rather they are thinking of investing more and more if not in the most demanding products, in real states and/or in cryptocurrency.

[spongegar]

I think this is the result of a heavily capitalistic economy all over the world. It has become that people become so greedy that they horde more and more resources for themselves. I think the best solution for this is to control the population. The less mouths to feed the more resources can go around.

[Haxor321]

I think the reason why the rich people are getting much richier because those people have a full source of income and they are already has an stable healthy wealth and all they need to do is maintained and much improve their wealth to become much richier in the near future.