Sometimes our perception of something may influence our ability to understand the reality of a situation. I think most Americans have been purposely blinded to the cruel reality of our economic system and inequality of wealth among the country. I have always understood that there was sever inequality when it came to money, but I never seen or actually understood the statistics. Additionally, I don’t really know how I feel about the inequality. Is it fair to penalize those who have worked for years for all they have? But, is it fair to those who struggle living paycheck to paycheck that never get a chance to financially prosper? I don’t know that I or anyone else can really answer these questions.
To me, capitalism represents the rich being rich, the poor being poor and everyone else just working or existing to support the two extremes. Socialism is the opposite in that all people have an equal amount of money. I was surprised when I watched the videos and really thought about the inequality, in fact it made rather upset. Firstly, to think of all those who are living at or below the poverty level compared to the 1% is something I cannot wrap my head around. We all live in the same nation, with the same presidents and the same opportunities; America, the land of opportunity. A place that I’m sure so many people would drop everything and leave their country if they were given the chance. Moreover, I was completely shocked to see that there was not a drastic difference between those considered low and middle class in terms of the percentages. I consider the middle class the hardest working of all the classes.
These videos and statistics have made me realize that we are not all equal and although we like to think equality exists among us, it does not. I do not think that the inequality is or can be controlled by anyone. However, I do think that there should be something done to decrease the wealth inequality gap in the United States. We must create a happy medium between capitalism and socialism to bring us a better change of economic equality among Americans.