Widening Gulf Between Rich & Poor

Despite the fact that, since September 11, there has been tremendous conflict among ethnic and religious groups (i.e., the United States versus Islamic terrorists) the fundamental theory of Marx still is valid: the gulf between the rich and the poor is not only widening, it is being flaunted in many areas. Money and wealth still equal power, whether in the United States Congress, in German industries, or British foreign policy.

We may be able to understand ethnic conflicts in Bosnia and Chechnya, in Kurdistan and Palestine/Israel. What is difficult for us (speaking of the coming generation here) is the wealth and power still amassed even by those business leaders who have spearheaded their companies into fiscal doom, or fraudulent bankruptcies. Even with a reasonable (though slowing) economy in the United States, Robert J. Barrow (1999) points out that countries with Anglo-Saxon origin- Britain, the United States, Australia and New Zealand, are seeing the income gap widening. While some Wall Street Journal reports (2001) show that top management's salar

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Category: Philosophy - W