Why the rich get richer and the poor get poorer | Us & Them | DW Documentary
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- เผยแพร่เมื่อ 18 ก.ย. 2024
- As societies get more prosperous, more and more people are unable to afford many basic needs. In South Africa and in the UK, Liz and Sakhumzi believe in the virtues of capitalism, whilst Jamie and Princess struggle to make ends meet.
Despite the UK being one of the richest countries in the world, 20% of its population - around 14 million people - live in poverty. That includes Jamie, who is unemployed and relies on food banks. Meanwhile Liz, a London socialite, believes that anyone can enjoy success. Jamie would like to work, but after a devastating car accident, he finds it difficult to get the right job that allows him to pay for rising rent costs.
South Africa is one of the most unequal countries in the world with an unemployment rate of 30%. Despite the difficult conditions, Sakhumzi, a self-made millionaire, runs several local businesses, employing hundreds in the township of Soweto. Princess, a mother of four, however, struggles to find a stable job, making it impossible to pay her daughter’s school fees. She dreams of building a home where the family would be able to live together one day.
Such inequality not only has serious personal consequences, it also poses problems for the general well-being of society, costing billions in damage to the economy, communities, and individuals.
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That lady saying everyone has the same opportunity as her is not that intelligent. There are disparities based on neighborhoods, towns, urban vs rural poverty, cities or even whole countries. Someone from Central African republic which is one of the poorest countries in Africa doesn’t have to same opportunities vs someone in Britain.
She's not stupid, she knows very well what she said is untrue. She just states this because it is in her best interest.
That's the cognitive dissonance most rich people choose to have to justify their wealth hoarding....and justify low taxes for themselves and laws to gut social welfare program.
@@ebubechiibegbula5968 She lives in Belgravia where property costs millions. People like her live on another planet and are totally detached from reality.
south korea and singapore and very good models from being a 3rd world into a 1st world. opportunites are everywhere.
@@ebubechiibegbula5968bro my grandpa became a millionaire from anambra, Nigeria. It’s hard work plus natural intelligence. Most follow all the rules set forth working hard but never get rich. You gotta set forth your own rules that’s Americas problem now. Plus public school. Like the election coming forth people are actually voting Kamala whe her camp has us suffering. Do you think that type of person is smart? No they have to be told what to think not everyone is Intelligent to think for themselves & you need that to become rich.
if all you had to do to get rich is work hard, far more people would be millionaires. It is the biggest scam ever
I bet you they'd rather sit in front of the TV for hours eating crisps.....hard work
It s about working smart not hard
@@geoms6263 Exactly. Some years back I started improving my life, and what you start to notice is that people actually do not work hard. As you wrote, they sit in front of the TV eating crisps. They do nothing to improve their lives. They can't be bothered - they are tired. They drink coffee, smoke cigarettes, drink booze, have a gym membership they never use, and so on it goes.
Go to any street, people walk slowly in no rush at all and hardly anyone runs to their destination. The ones that run in the morning who are in good shape are the same ones that earn a good living. You just know it when you see it.
@@alexnistor2452 Working smart is only for smart people.
Work smart you cant go to college become a nurse and expect to be rich or become a teacher and expect to be rich .it doesn't work like that baba
I have grown from abject poverty (war refugee) to well off (top 10% earner, US). What I have observed is that it is not what you know but who you know that determines your success. You will only rise so high on the wings of your talent. The rest is a myth invented to keep those below you down, and a balm to soothe what passes for a conscience.
You can say that again.
Imagine if you never came to the US. You would have not risen at all. 😂 It’s all luck. 🍀
@@Lovetoall14 those lucky? work hard. Strange dont you think. not much is dependend on luck, its to calm all those that can´t or will do what it takes.
@@mabuhayproductionltd3627 90% of people work hard they don’t get to come to the United States from their third world countries. Less than 1% get that chance. It’s all luck. A baby could die at birth from an incurable disease. Did they not work hard? What other than luck allows a stray bullet to kill you but not me? Or for you to be born in Russia and me in Britain. Luck.
There is no rich without the poor!
“Some people, through luck and skill, end up with a lot of assets.” -Bill Gates
Spot on
Cus 10% of humans are smart 90% are dumb
Is more or less like Lavoisier law: nothing is gain nor lost, it's only transformed. Same for money.
@@ajlopeman4122also some people are born into a family of who, lawyer and senator? Who then do what, get you a multimillion dollar contract just because their mother is a friend of a person at a large company who makes decisions?
Ahem*IBM*ahem.
More luck than skill because skill can be obtained but luck cannot.
When you speak from a platform of privilege, you think everyone has "all the opportunity or chance". In real life, this is never true! There are some people who, by where they are, they are nearly guaranteed to succeed and the opposite too.
The mentality by the successful that their success is always a result of merit is the very same driver of poverty in poor people, since by that logic, it means the poor are so by merit too. This isn't always the case as often we see the poor are already systematically disadvantaged in many ways, and the rich privileged in others. This is not "merit" if the playground is not level, to begin with.
That’s a fucking lie. Rich people become broke & some broke become rich. Better dump that democrat mentality
The playground is not level, that is true. But some people, just get even more determent to win, to over come all hardship and rejections. Its like some Africans say ? or yes we are poor, its because of we where colonies and explotated???. But how long is that true ? Forever ? Many has been free for colonialism for 60 to 80 years ?. so maybe its time to stop complain and improve, remove all corrupt leaders that just pocket all the contries wealth . S Korea was also a Colony (japan), it was seperated into 2 countries, they had a Big war 1950-1953, But still they overcome it, and become very rich and industrialised. ???
The attitude of the normal people made me smile and feel glad. The wealthy guy in SA was a good guy but the wealthy debuntante woman reminded me of Mr Gradgrind from Dickens novel 'Hard Times'.
Oh Hard times. I read that book and in school
The swift do not always win the race, nor do the mighty win the battle, nor do the wise always have the food, nor do the intelligent always have the riches, nor do those with knowledge always have success, because time and unexpected events overtake them all.”-Ecclesiastes 9:11.
Very good explanation. Getting rich isn’t just meant for some people. We all have different paths for this world
Very few rich people start from scratch it's all handed down to them and they do anything to get richer and keep the poor down in line so they don't become competitive
What a weird thinking!
Actually surprisingly it's the opposite
@@agapewyclef6381 stop lying, most wealth is inherited
@@maxnatorman stop making excuses. If 1 person can make it from poverty so can you. You can’t tell me rn you’re making all the right choices to become rich. In America democratic laws promote your thinking “poor me I want the government to help”. Mf get out here and get it. If Nigerian can become rich so can you in America. Public schools destroy minds especially democrat cities
@@Kelogotti lmao, oh poor republican. You are lying to yourself, you were the sold the lie and eating it up. what are the right choices to get rich? being rich is mostly LUCK and right connections
Even if everyone had the same starting point, there will never be such thing as equality.
£238 pw for not even a proper room, is highway robbery by fleecing landlords.
THANk u! Omg at least someone who knows that la'ndlords r'ip tf off people
Love how the South African Man showed a bit of Humanity...Ubuntu...unlike the " Debutante" ..shel wake up to a revolution 😅
South Africa is a work in progress, but I'm happy I left Europe and invested at home, I couldn't be happier anywhere.
Wonderful choice, then spread the word back in South Africa, how the international banks played the ANC and now the DA. 'Bold white professor reveals the west is D00m and Africa will rule the w0rld' - Historical Africa.
I’m moving to SA also.
@@Kelogotti you dont have to leave USA, just find a Red state near by. there you find same poverty as in SA
@@OGCHuila My move to Europe was never political. I was just a young, experienced professional in my field who wanted to spread my wings beyond the borders to learn new things, see what experience I could bring back home, and what skills I could share with Europeans. the plan was always, to go back home to give back to my community and hopefully, my nation if resources are adequate.
Because of price increases. And less opportunities.
They're always asking for money. But they don't feel obligated to give back to the public. Let alone treat them with respect.
Like a well-fed child who always asks for more food.
Bing poor isn't a crime not helping them should be.
Such thinking should also be a crime
@@innocentgoitseone3715😂😂😂
No body owes you help ask your parents to help you
There is a difference between being poor and being a lefty. Being a lefty is a temporary situation, being poor is an eternal situation. So the poor man is happier? NO. Avoiding money is also a form of psychosis, ca
and exaggerated attachment to them.
@geoms6263 well said
Try playing Monopoly but start with no money...
Man you’ll never be rich with that mindset. Thank god I seen my grandpa do it so I know it’s possible.
@@Kelogotti Grandpa lived in a different timeframe when a house was 30 cents.
@@fliporflop7119 hell no he was just alive. Died 75 in 2015z. & that’s doesn’t matter he made it from the village in Nigeria. Look up anambra rn you’d be shocked how tf can someone make it from there. He even use to say Americans are becoming lazy. Told my mom never receive welfare go to college. She earned masters in Nigeria came to America went back to school. Only 10% of Americans have that drive. Everybody wants it to be easy nothing good comes easy. These rich people aren’t politicians obviously theyre coming up with bright ways to become rich. Most poor people are sheep so they have to be held by the hands & no one is leading you into riches. That’s why I break rules & make my own rules cus I know this government doesn’t have my best interest especially democrats. Now if we get trump back I’ll go by the books cus he’s pro capitalism race of the fittest minds. Most democrats believe everything should be equal but life ain’t fair. Smarter people will outdo the dumb ones & the dumb ones believe they deserve a share of the pie they didn’t work for. If these businessmen so bad & paying you poorly go create your own. Like gramps said “no one has 2 heads”.
@@fliporflop7119 my bad writing all that this topic just pisses me off. People are making excuses for being failures as if the pain from being poor is felt by anybody but them.
@@Kelogotti I agree, it all starts with mindset ❤. I have seen rich people that are very hardworking too so they even become richer. And poor people being very lazy so there's no progress. I am middle class right now and working full time + studying on the side in hopes of being rich in the future. You're lucky you've seen your grandpa do it!
I was born in a communist country, and I can tell you know it's just illusion. Plus, i am pretty much fed up from the poor moaning about the rich. I bef you if they have the chance and the money they will change their mind.
Because the rich who are already rich and aspiring to be rich have devised new ways of exploiting the rest of us in collaboration with the politicians and unscrupulous opportunist people.
because you are lazy
The rich admire other rich, successful people. Poor people don't like rich and successful people. Rich people promote their work and themselves. The poor have a negative mindset about promotion and selling. There is no person with victim behavior who is truly rich. An unformed mind like yours, however, can create extreme poverty that lasts a lifetime and can be passed on to the family. Our spending habits reflect exactly who we are. Poor people have bad spending habits. Don't listen to poor or scared people. I have such friends, they are very dear to me, but they are the "cowardly chickens" of life. The problem is that people listen to them...
@@geoms6263the biggest neo liberal lie. Tell that for example to a teacher who works hard for little money....
@@geoms6263 Most people who are successful got there by a combination of genetics, luck, and inherited money. The ones who can't acknowledge this inherent truth lack self-awareness and perspective.
@@geoms6263 People become society's definition of successful through a combination of genetics, luck, and inherited wealth. There are plenty of successful people who would never acknowledge this usually because they are not being honest with themselves and lack perspective.
TAX. THE. RICH.
Good luck with that. All their money is off shore 😂
And it's global now. We increasingly have a global class system. The global rich and the global poor. We need universal basic income.
@@T1kr3b3u The counter intuitive thing is, poor people have many kids because they have factored high poverty related infant mortality into their reproduction strategies and lack of formal social security systems which means children surviving into adulthood, are their retirement plans. We just need sound governance especially in the global south but there too, ironically, the scarcity mindset bred by poverty makes corruption prevail over public good since the culture is a zero sum culture. It does sometimes take that generational curse breaker, your Lee Huang Kews, if you will, to come along and break societies out of their toxic cycles, that or cataclysmic revolutions, that push the metaphorical factory reset button and force societies down better, healthier, more prosperous paths.
@@T1kr3b3u if poor people don't have kids , it means the human race will come to an end . Since rich people don't make a lot of children because they are busy chasing money and they are also the minority in the world. So the population will shrink massively and it may even end. Even those rich people won't have people to support their businesses.
@@amorosogombe9650bro there’s no excuses. I know Nigerians that became millionaires from the village. How are they richer than Americans with all opportunities?
@@Kelogotti They have an Oil Well or more.
Ok I don't agree with the statement about "every opportunity" because each person doesn't know the same people therefore don't have the same opportunities
Then you meet them. Bro there’s no excuses everything is possible. In America we all have the same opportunity but many end up poor. Especially democrats because they trick them into thinking everything should be done for them plus bad public schooling.
Yeah right.
Try telling the Benin-born guy with one leg and an autist brother that he has the same opportunities as the spoiled child in Oxford.
I’m in South Africa, raised by my grandmother during apartheid and the only formal education I got was in a township high school; I work in a bank and have studied further with the salary I earn here, @no point in my life I was made to believe I was poor and that I needed to be angry or feel self pity, but I was always told to study and work hard; my question now is what exactly does it mean to be poor in a country where education is free? Government grants are available for almost everything and opportunities remain available when you well informed about what you want to do? Are we poor or are we poor in the desire, the necessary hard work and the hunger for education? We should self examine and really provide an explanation on what poverty is
Well said. It is a mental state, if you are told that you are poor and you believe that, chances are you will remain poor. No one owes us anything especially us young black South Africans. It will never be easy but if we all put effort we can all better our situation
I really like the cafe the dude volunteers to. What a wholesome place.
That old lady arranging parties for the Trump. So sad. She must be the loneliest women if she surrounds herself with such people. And I have zero pity for her.
The South African CEO is far more in touch with reality that the elderly lady that stays in Belgravia. If they were each to write their memoirs, I know which one I'll read and which i would not touch with a long pole.
That American at the pay what you feel cafe seems such a great person. Hats off to him
Generating wealth can be complicated. Being poor is simple. Entropy is a law of nature, we always facing obstacles. I rather listen to someone explaining wealth than poverty. I am tired of hearing about how i am a victim as a black South African 🇿🇦
Being poor is not simple
definitely not black
Sakhumzi for president, South Africa needs more people like him. Everything he said was spot on including the dire warning at the end.
The warning at the end yes but the rest he just talked nonsense we know the reality of most black people in south africa .... He is one of the few people who managed to make it and he has some deep political ties let's not get fooled
He is a business man . That is where his strength is. Not a politician.
@@Mr.unkoun there are many that are successful in SA like him , without any political ties.
He speaks like a rich now. He does not care about others thar were poor like him before.
@@mashobane6177 i dont think that you can run a big bussiness with out protection and connections.
Have you heard of a system called Capitalism?
Let me specify even further, neoliberalism.
@@GetFochD Bad mutation 😆
@@miltiadiskoutsokeras9189 yep ne'o liberi'alism is an exte'ntion of capita'lism to make it a hy'per explo'itative versi'on of itself
@@GetFochD good man it's to make capita'lism a hy'per explo'itative versi'on of it'self
Acid capitalism, in the end stages.
Even the top philosophers who studied the chances of one’s success condluded that, 40% are from individual’s talent while 60% are from systematic factors (outside factors). Thus, this means no matter how hard you try, you will always have the challenge of 60% based on things you cannot control in life
Born into wealth or poverty is beyond your control but live happily is...
the broke girl who said " rich people are miserable" is the one complaining about not having any money to pay for her kid's fees . Ironic!
if being rich doesn't make you happy , neither being broke
I hate that government tax-money is going to private landlords - there needs to be more government-owned social housing!
Before watching this or listening to others, the rich essentially take from the poor. That's what it boils down to. Period and simple as that. They are not great they take
They are winners of this game
Tax evasion is why
100%
And you think the government getting their filthy hands on that tax money is going to redistribute it equally? Keep dreaming 😂
1:05 Here's the problem with that statement: capitalism necessitates poverty. Someone must always have significantly less than everyone. Of absolutely every person in the US did the exact same amount of work the disparity would still exist because if everyone has something it has no value in this system. Money is only valuable if it retains a level of scarcity. So literally _NO MATTER WHAT_ there will always be homeless desperate people. They make the rich richer because they're so poor.
Not true
@mabuhayproductionltd3627 I stand by this. The lower class is growing faster now more than ever thanks to decades of industrial exploitation and this cruel form of capitalism. We don't have a "free market." What we have is based on scarcity and exclusionary principles. You cannot have equality so long as money carries more value than human lives. We base our "wealth" only on what is extracted. If something is abundant it's cheap. If for example there was only one source of bread in all of the US the price on it would make it completely unattainable to the poor. Acquisitions, mergers, corporate industrial finance addictions run over every law we've ever made. It's absolutely true. 💯%
@@SaveOurDisabilityFund If you are from USA? Then its because you voteted on enemys of working class.
Australia is much the same. So many homeless, so many going hungry.
Nobody feels sorry for Australia. You people were swimming in gravy for many years.
You don't need the house in Australia ... it has a temperate climate. When you're hungry, kangaroo grill
Jamie, I truly admire your courage and resilience. You don’t deserve the misfortunes that befell you. I really hope things turn around for you 🤞🏼Sending lots of love❤
dawg 99.9% of human DNA is identical. you're telling me the 1% work that much harder, or are that much more talented or skilled? come on dawg 😄😄😄
The top 10 percent of earners bore responsibility for 76 percent of all income taxes paid, and the top 25 percent paid 89 percent of all income taxes.
@@geoms6263 do the top 10 percent have to choose between rent and medicine dawg? lol
Absolutely it makes all the difference. Just compare someone like Messi or Ronaldo with an amateur footballer. Massive difference because of the talent that these two were born with plus their hard work. Or are you saying Messi and Ronaldo just got lucky? 😂
Here is how they do it 'What Aristotle knew about Oligarchy that we Forgot' by Legendary Lore.
@@geoms6263 The rich get tax breaks , what do you know?
Capitalism is Socialism for the Wealthy or those who own assets.
It's a simple statement but it's very deep. Only 1% will understand it.
Hard work doesn't pay. Most wealthy people I know only really worked hard
for the less than 10 years of their life's (as adults). For the most part, it was time,
opportunity, and chance.
You need to be able to see what a Chance is (and not 10 years after its a sucess), and when you see a Great oppotunity ? You need the courage to act on it, to work hard to make it to the max. Most people dont see Oppotunity, and most people dont have the courage to be an business owner with the risk of gettting no pay, risk of loosing your house, risk to go broke and end up in debt.
Wealth is a system……..Sure some people have money but being a part of the system is another story.
The system of wealth is designed to keep as many “new entrants” out as possible. Laws and structures are put in place that actually help the working class maintain the “wealth” of the wealthy.
The working class in “capitalist societies” have been brainwashed into believing that “welfare” for the poor and underprivileged is a huge problem when in actuality “welfare” for corporations and the wealthy is a far bigger problem.
in reality you only become rich if you open a new company. But if you are increasing tax on a company. you are doing two things. One the company providing employment will run to different country where people are smart enough to keep tax less. Example ireland, it became rich because it did not have woke virus. Second you reduce your prospects of opening a new company because less tax is crucial for young companies..
Maybe some time ago, it was about hard work and you could have a decent life. Now? Its all about connections. No matter how good you are at something, it doesn't matter if you have no connections. Pulling yourself up from the "boot straps" stopped being a thing decades ago, and its been about who's on your phonebook since then.
I'm glad we're represented as South africans
The rich say "work hard and you will reach the top too" but what they actually mean is "work hard to increase the company's profits"
The productivity increased 20x and profits don't trickle down to workers wage increase since the 2008 crisis , meanwhile the living standards have increased.
If you work , you don`t have time to make money !
Rich people are so cool and lovable
😂
The South African man is impressive and the British lady seems to have lived an interesting life chasing her dreams.
2 min in and i don't think ill be able to watch it all...
Having non autogenerated english subtitles would be an great help to people that search improve their english with these documentaries, people like me 🥺🥺
The rich are getting richer, the poor are getting poorer, and the middle class is getting wiped out.
There was never a middle class
maybe they vote stupid ?
Awesome documentary, Dw🇿🇦 ❤
Thanks for watching!
Any society without tax payer funded health care and education in addition to other responsibilities of government , is a cruel society.
Meritocracy is a myth, and that's a fact. To check the source, take a moment to watch some documentaries. Also, check the work of Alain De Button, status anxiety & the myth of meritocracy.
Being rich or poor is a mindset
Getting rich is two things : what u know and who you know....simple
I dont believe everyone has the opportunity to be successful, but i do believe a lot of people squander opportunities and also fail to create them. Luck will get you but so far
The narrative is a lecture from the rich to the poor: You are on your own…you shouldn’t blame others. Mendela told you to stop complaining, poor ungrateful creatures!
The Rich remains rich by spending like the poor and investing without stopping why the people remains poor by spending without any investment
Yes
You're right people remains poor out of ignorance
People remain poor out of ignorance
I noticed the South African mother and daughter did *not embrace or express joy,* upon seeing each other, more than likely because the daughter is not raised with her mother, and hence their bond is not close, or it could be cultural (or just familial) as well.
No. South Africa's unemployment rate is not the highest in the world, it very far off from being the highest in Africa. SA has stats, whereas most countries don't. SA probably has amongst the highest percentage of employed people in Africa
The economic disparity exists not because people dont want to work but because modern economies are mainly based on profit instead of public service, they also produce a vast amount of unneeded products like overabundance of junk food or unnecessary products, in order to maintain that, menial jobs are needed and are filled by poorer people, who then in turn consume all the needed products. The more there are for-profit products and services, the more menial jobs there are and the people in those jobs become slaves for life. The more slaves you have the more profit you make.
Great example of that are Scandinavian countries where most of the state structure is modeled around the people's needs, almost everyone there is happy with their lifestyles.
"You've got to make it happen, nobody will do it for you" unfortunately that requires a level of confidence and self belief that many people simply do not have. They often seem to see themselves as victims of a system that excludes them, so why should they bother!
I knew you were going to show South Africa
if south korea and singapore can do it, your country can be too. opportunities are everywhere, you just need to know when and where to grab it.
Capitalism and socialism are both important they should be practiced together
Impossible, Socialism is were the State owns everything and controld you, that can never be a free and wealthy society.
Please do a piece on India and the role the current ruling party has played in rising economic inequality.
I already saw so many vids the western media OBVIOUSLY rushed to India & other Asian countries first to cover such topics! They will visit every gully every person livin in some remote area & cover him if he has somthing bad to say about the country or current govt.!
It’s a problem across the world!
Not Keisha Cole @ 11:00 😂😂😂😂
The poor have one job and depend on it only. The rich have many streams of income🤷
expected a bit more of this docu
This purported to answer a question as to why the rich are getting richer and the poor poorer, but did next to nothing to explain the problems with capitalism. The only person who gave some sort of answer to that was the rich socialite who had everything given to her and then mentioned, almost in passing, that there were "some" rich people who offshored their wealth and were bankrupt on paper while being able to holiday in the south of France on their super yachts. Very disappointed with this documentary.
The main concern is surely the widening gap between rich and poor worldwide.
I'm glad some rich people help the poor.
I feel like talking about wealth always devolves into a 'them vs. us' discussion, which only serves to divide people further.
You are already divided... Or are you delusional enough to believe the rich are united with you
This is done on purpose - it's not an accident.
work smart and make smart and wise decisions
find book Unveiling Your Hidden Potential by Bruce Thornwood. Whoever find this book will have unfair adventage than other poeple. You'll thank me later
Not going to lie that intro sounded like a new Batman movie
Because the rich have power to corrupt governments. And the officials allow it as they get 🤑...
I wonder how much money he paid the people to be happy and act it
I've long learned that having good connections and colleagues can bring you very far in life, even more than college degree. Almost every succesful people i've met in my life have very good social skills and know how to talk with elites. If you can get on their good side, it's almost guaranteed that you can get proper jobs. Then again i live in 3rd world country where family relations and social connections are everything
That woman at 1:05, wow!
So out of touch with reality.
A rich white woman I'm not even shocked.
But it's her reality. Can we blame her for not being "educated" about the lives of others?
It is what it is.
Happy are the poor since the kingdom of god belongs to them ,as for the rich! Jesus said you have had your reward and there is no other ,,read between the lines. Great video love DW hear from UK 👍🙏
I must say I will forever love how China ensures its people are independent and out of poverty. These capitalist nations just proves how inhumane capitalism is as a system. If these nations wanted to re-educate it's people by providing the needed training they could but they don't want to because poverty is built in the system of capitalism. There needs to always be the desperate to exploit.
You need to be born into money or marry money. That’s how you get rich.
Because money makes money ..... its as simple as that !
If that young man from Britian was hit by a car then he should never have to work again if the driver is liable for the accident. That's what auto insurance is for. As for the young lady from SA she said it herself, she allowed "history to repeat itself." Whose fault is that?
Depends on the country and its policies. Accident insurance does not cover the rest of your life in some countries like Austria where I currently live for example. The rest is supposed to be taken over by the government. That is the deal between insurance companies and the state to keep premiums low. The state usually kicks you out to find a job when it is their turn. Other countries like my native India have a deal where the insurance companies calculate a low cost of living. So they pay an useless sum for "life".
The first question should have been - what is capitalism.
Its so sad that the poor guy want to work but got accident. Lucky he got loving supportive people around and food banks. Its something he should be grateful. Some other people could buy everything and still depressed. Life isn't always about getting rich as the 1% population
Compounding interest
Liz you're a surrealist
Hard work is a myth.
Awesome documentary 😅😅
Unqualified or unskilled are just derogatory terms used.
It's time to rediatribute some wealth in America. Worker productivity has skyrocketed, but pay has not for the bottom 90%. Trillions of dollars once owned by the middle and working classes have been distributed upwards.
Capitalism + Greed + The theory, economic growth == development.
Rich people invest their money, eventually they don’t really need to work because the money work for them. Poor people need to work for the money and with printing money out of thin air and taxes increasing, the poor gets poorer.
Not sure why ALL videos these days divide people on rich and poor ones. There is much more to this, classes in between ... I am neither rich nor poor. So it's not US vs THEM...
Well, if you're poor, you won't share places with the rich. In this system, we are divided, either you like it or not.
Yes, hate to break it to you, but in the grand scheme you’re poor. You just don’t understand how rich the rich truely are so you think you might be in the middle. There’s less and less middle, you’re getting poorer and poorer.
It seems social media has one the one side enabled vanity on a scale never before seen, and on the other corresponding levels of jealousy of what mostly young people perceive wealthy people to be doing, on their phones. The lack of development of critical thinking skills among the world's young people combined with social media produce this obsession with poor vs rich, despite the fact that haves and have nots exist everywhere, in almost all developed societies, and always have, at least in pertinent history.
@@papeearl6599before everyone was able to live their lives but now it's almost impossible to buy homes and have families for the majority of the population
@@papeearl6599 no, inequality has risen dramatically in the last 20-30 years, irrespective of social media.
The same capitalism that creates the billionaire is the same capitalism that creates the homeless person. Both could be equally hard workers. Major differences come from manipulations of government which is the economic referee, understanding the economic system and upward mobility in the system and opportunities provided by the system. For an example, one might be seven feet tall and the best basketball in a country that has a major profitable basketball league. The player is well rewarded. However,, if the same player moves to a country with no professional basketball league, then the economic opportunities become less and less rewarding for the player. It's the same player, same work ethic, but different scenario and opportunities that effect the economic results of an individual.
Idiocracy, they keep making kids as a coping entertainment outlet, n ditch em
and how many businesses failed? 90%?
I am grateful to live in Indonesia, which is said to be in the 3rd world. 😊
Because we let them... We poor ones are more in number then those elites and if we would these elites can get serious problems😂 there is plenty of wealth and stuff for the world, the issue is these elites do not make a honest effort to distribute it fairly😢