Adam Wall

Wealth

            There are rich people in the world today, very rich people. Bill Gates, Oprah, and Warren Buffet are just some of the famous rich people that have lucrative lives and can get whatever they want. There comes a point though where people own too much money that it hurts the rest of the world.

            This week a meeting will be held in Switzerland where all the richest people in the world meet to discuss the wealth of the world. Rise in inequality is the main point that will be discussed. By next year, the top 1% will own more wealth than the other 99% of the world combined. That is ridiculous when you think about it. There are billions of people in this world in poverty and not having enough money, those people don’t even come close to having a little bit of what the top 1% has wealth-wise. We are entering a new gilded age. The new Rockefeller, Carnegie, and Morgan have risen in the top one percent. Monopolies and big corporations are running the worlds economy and have power over everyone. I feel like it is much worse than people think it is. People need to realize this isn’t middle class American anymore, a lot of workers today are getting lower and lower wages. Most of the wealth in the world is disturbed in just a select few; this is not a good think. Although it seems clique or extreme to say, but these people have the power and money to control the world if they really want too. Something has to be done because the gilded age we live in today only helps a few while the rest of us are struggling for good jobs and lives.

            Not all rich people are evil master minds trying to take over the world. Most of them try to distribute there wealth as much as they can. Bill Gates as an example uses his wealth to donate to charity and create a better world. The Bill and Melinda Gates foundation is one of the largest and most popular charities in the world and Bill Gates has helped a lot of people with his money. A lot of other follow suit as well, just because you are stacked with money doesn’t mean you’re a bad person.