A response to the article “Inequality and the American Dream” Essay
The article “Inequality and the American Dream” is written from an economic perspective. It addresses American economic state where the author argues that it needs certain adjustment in order to increase the upward mobility and exploit economic opportunities.
From a careful analysis of literature, it is evident that America has become a magnet attracting immigrants from all over the world. This has been attributed by the fact that its economy is dynamic thus offering chances for people to live a good life.
Nevertheless, it is undeniable that there is a lot of insecurity and inequalities where ordinary citizens have their lives reconciled to the rough side. This is ironical since America emerges as a super power at the global arena yet it has not achieved the dream of enhancing equality despite the notable development.
It has drawn my attention that other world countries embrace the “American model” since the super power has enormous wealth and its economic development is marked by up-to-date juggernauts of globalization and technology. Evidence from statistical analysis has shown that America experiences fast economic growth, a factor that leads to the rise of fat profits and low levels of unemployment.
Other countries in the world have watched the pace and development strategies used in America and have begun marching forward to Americanize their economies. A good example is that of my country, Japan which has tried to imitate America. One of the evidences to support this claim is the fact that my country has embarked on using the “American model” to foster globalization.
Like America, Japan has made its economy to become more flexible by encouraging free trade. This has also been done by adopting capitalism as a mode of production which has sparked stiff competition on available opportunities and resources such as land in order to maximize profits.
The country has also encouraged foreigners to invest on its economy by establishing trade policies which are meant to spawn huge wealth. Nevertheless, I have realized that as the economy develops, stiff competition from foreign investors have denied the natives access to crucial resources hence resulting to dissatisfaction due to the increased level of inequality between the rich and the poor.
This has also been witnessed in America where the bourgeoisies pull away all the resources from the poor leaving them as victims of poverty. Moreover, the model has not only disorganized the economy but has also affected the evenly distribution of wealth making it is impossible to achieve social mobility.
In fact, economic analysts have realized that globalizing Japan’s economy by allowing free trade has sparked adverse effects such as increased unemployment, reduced profits from local industries and reduction of wages for workers. This scenario has raised a huge debate not only in the national level but also in the global arena.
To recap it all, Thinkers hold high prejudice on the “American Model” arguing that it is a silent killer for any stable economy since it results to immigration, meritocracy and inequality. Therefore, every country should identify other models to achieve outstanding growth in the economy rather than adopting the “American Model”.
Introduction Martin Luther King was a leader an activist of the movement which fought for the civil rights of African Americans. In addition to these he also served as a […]
Introduction This journal entry focuses on the historic speech that was delivered by Martin Luther King Jr at the Lincoln Memorial. It highlights moments that characterized the delivery of the […]
The Historical Context of Martin Luther King Martin Luther King is one of the historical leaders who used conventional leadership models to inspire and mobilize a large number of people […]
Background information of Commander George Washington The life of George Washington before assuming presidency started like every other American’s at that age and era. Born to a planter family in […]
American history saw a lot of truly inspirational people who not only influenced the lives of American citizens but also changed the way we think about fundamental political values. George […]
The personality of the brilliant African American chemist and botanist George Washington Carver seems to be reduced nowadays to “the man who worked with peanuts”. This remarkable person has made […]
Baptist church is one of the most prominent Christian denominations. It has a long history, which goes as far back as the 17th century, in the United States. The church […]
Introduction The socio-economic and political success of the United States is directly attributed to effective leadership that has been experienced in the country since independence in 1776. The forefathers of […]
O Pioneers, by Willa Cather, is set about a decade to the 19th century – 1880-1900. O Pioneers depicts the lives of the Bergsons – Joe and his wife, their […]
The article “Inequality and the American Dream” is written from an economic perspective. It addresses American economic state where the author argues that it needs certain adjustment in order to […]