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BUSINESSES

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BUSINESS

WRITTEN BY DOMINIQUE DINARDO

Businesses give people in society an opportunity to become employed.  Without these businesses, whether they be large or small, there simply would be fewer places of employment.

Because the wealth in the country is growing primarily in the top three percent, there has been a disparity in the amount of middle class jobs throughout the country.  

The wealthy keep accumulating money and the poor keep running into debt, thus erasing the entire middle class. This has been proven so much so that society is not even sure how to define the social status.

According to Pew Research, 69 percent of Americans said that one does not need a college education to be considered middle class.

However, 89 percent said that in order to gain the middle class status, one has to have a secure job.

In an age where nothing is guaranteed due to budget cuts and businesses going under, what is the realistic expectation for companies today?

Klaus Volpert, mathematics professor at Villanova University, believes that where money falls seems to be situational to whose hands it may fall into.

“Imagine if you can distribute all the money in the world evenly,” Volpert said.  “Inequality will be back in an instant because one man will take his money to the bank, the other will take it to the bar.”

Is the middle class truly missing or is it just the type of characters that fall into it?

“Inequality is woven into the fabric of life, it’s already there in the different abilities and skills and initiatives and working habits of people,” Volpert said.  “We have to recognize that and the idea that we can all have equal money is utopian and probably not really even desirable.”

In order for society to function, businesses, both small and large, must find ways to operate.

Many large corporations are doing away with jobs that are singular in responsibilities and skill sets.  

Companies now find that potential employees can handle the job of three people, thus leading to layoffs and reorganizations of departments.  

Small businesses run under similar stresses.

Debora Smith, three-year small business owner of The Right Fit, knows the struggles of having to manage a company and all that goes with it.

“In order to run a business, you have to love what you’re doing,” Smith said. “Because it’s hard and not very rewarding in the beginning.”

According to a study performed by Pew Research, 86 percent of Gen Xers and millennials agreed that since 2010, small businesses have positively helped the job market.

However, their views on large corporations are much different.  Only 36 percent of those questioned believed that large corporations are helping today’s economy.

“When you’re in a larger company, unions take precedent,” Smith said. “It may seem more secure but in a smaller company it’s more personal. You don’t just seem like a number.”

When working with topics such as business, inequality is inevitable. One cannot control fairness in a workplace due to the hierarchy of positions and responsibilities.  

However, when it comes to wealth, the U.S. needs to work to close the gap between the top one percent and the rest of the working-class.

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The systemic issues in America have a wide web of roots but grow from the same trunk. A major player feeding the issues is the disparity of wealth between classes, races and genders. Essentially, wealth inequality affects everyone.

It is a business’ job to make a bottom line. It is a political system’s job to represent their constituents and develop policy. So, if a political system is knotted with business, money trumps the moral obligations of a society. At what point is a dollar worth more than someone’s livelihood or future?

The way to make a change starts with being socially responsible. By flexing your democratic muscles, you’re exercising your given right as an American.

But you can’t just do that.

In order to fix anything in this nation, we have to acknowledge where we are and everyone has to be informed. Right now people are suffering, struggling and barely surviving in this beautiful nation because of the inequality of wealth.

“America is so much stronger when we see ourselves as a quilt. When I take the best of you and you take the best of me and we put it together, we are so much stronger,” Renee Hughes, chief executive of the eastern Pennsylvania region of the American Red Cross, said. “I don’t have to be like you, you don’t have to be like me, but we do need to all share values.”

Everything in society today comes down to money. For a family of four, being in poverty means that the total income does not exceed $23,850, according to the U.S. Department of Health and Human Services. In 2014, there were a total of 46.7 million people in poverty in the United States alone, meaning that people were not making enough to survive.

But that could change.

It is a very important time in the United States. A time when new leadership will be coming in, which means the importance of voting is higher now than ever before. If every citizen takes a stand by voting, lobbying, calling their congressmen and women, there is a high chance that the systemic flaws you want to see reformed, will be discussed by your government.

“I think the concept of the common good, is one that might be developed in a way to contextualize so much of what we need to do,” Mark Rosenman, a nonprofit sector scholar and activist, said.

Do you want to be a part of a nation that sits idle or turns a blind eye when the perpetual cycle of devastation is happening in your own backyard?

We hope not.

 

 

WRITTEN BY MACKENZIE HARRIS