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The gap between the rich and the poor is becoming wider, the rich more richer, the poor even more poorer. What problems can the situation cause and give the solutions?

The gap between the rich and the poor is becoming wider, the rich more richer, the poor
even more poorer. What problems can the situation cause and give the solutions?


[shc_shortcode class=”shc_mybox”]In this day and age, the gap between the affluent and the needy has increasingly widened.
Such situation can be found not only between the developed and developing countries, but
also among people of the same country. In this essay, I will analyze some possible problems
caused by this and suggest some ways forward.

The most significant problem is that a vicious cycle emerges from which the poor find it
difficult to come out. In order to make both ends meet both parents have to work for
supplementary income and the children are left in the house unattended. Their future
becomes blurred as they don’t get quality education. This deprivation of the children is very
high in ultra poor families.

Furthermore, poverty and conditions resulting from poverty such as lack of education leads
people to lawlessness and violence (e.g. robbery, theft, kidnapping, rape, murder, gang war,
and drug addiction). Their pent-up desires for the finer things in life find a common outlet in
the commission of crimes. The underdeveloped economies of Asia and even America are full
of high crime rates due to poverty. Finally, the rich-poor gap alienates the poor in a
discriminated manner. This invites the onset of revolution or terrorism. The political history
of the global community such as in Iraq, Iran, Afghanistan, Indonesia, and Philippines is
abundant in poverty-related evolution of these events.

The solutions are not simple and steps should be taken on a war footing. The governments’
effort could improve this situation. To begin with, luxuries should be taxed heavily. A
balanced taxation should be there and the taxation administration should be improved to
ward off fraud and evasion of taxes. Penalties against tax fraud and evasion should be more
severe. Policymakers also need to focus on pushing up the bottom rather than dragging
down the top. Free or highly subsidized education should be provided to the needy. The
problem of youth unemployment should be dealt with by creating job opportunities. Self
employment should be encouraged by promoting small scale industry. At the global level,
international aid for poor countries is crucial for mitigating this phenomenon. International
organizations, such as United Nations and World Bank, should provide support to
developing countries in both technical and financial fields enabling them to improve
infrastructure and strengthen industries.

To put it in a nutshell, I pen down saying that, the increasing gap between the rich and the
poor should not be ignored as it causes political and social instability in the country and
effective steps should be taken to close this gap. It has been rightly said that – ‘Inequality is
not just bad for social justice, it is also bad for economic efficiency’. 

The gap between the rich and the poor is becoming wider, the rich more richer

The gap between the rich and the poor is becoming wider, the rich more richer

The gap between the rich and the poor is becoming wider, the rich more richer

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