U.S. Wealth: How Do You Measure Up? | The Odyssey Online
Start writing a post
Politics and Activism

U.S. Wealth: How Do You Measure Up?

I can say that I have seen the numbers; I understand the charts; I rage at the injustice. But so what?

28
U.S. Wealth: How Do You Measure Up?
Charles Daniel

Here at Eastern University, as a part of my general education courses, I take a social justice class. In this class, we discuss controversial topics, from Black Lives Matter to issues of immigration. My professor educates us thoroughly about each issue, and then facilitates an in-class discussions about the issue. He puts forth facts and varying opinions, then lets us raise our questions and our voices. To be honest, going into Justice in a Pluralistic Society, I was terrified. I was unsure how I would be able to emotionally handle being faced with the ugly truths of the world. I was afraid I would be struck helpless by finding out about injustices which happened in my own community. In the beginning, I was. But, because it is a requirement, and because I was armed with a friend in class, I was able to persevere and become educated about the hot topics I used to only vaguely hear about.

Now, the most recent topic we are discussing in class is the wealth inequality that is in the United States. Before this class, this is something which I had only minimally heard jokes about; the classic 1% jokes that ran through my daily conversations. But I never really understood what it all meant. Sure, I picked up on the fact that 1% of the population had a bunch of the wealth in the United States, but I did not really understand what that entailed. Until this class at least.

Let it be said, that I still do not know everything there is to know about wealth inequality in the United States, but what I do know, I have an opinion about. And just as I am entitled to my opinion, you are entitled you yours; there is still freedom of speech at least.

It all started with a video...

Maybe you have seen this video, Wealth Inequality in America. It is a video which illustrates statistics that can be found on CNN Money, ThinkProgress, Dan Ariely, and Mother Jones. These statistics have to do with, you guessed it, the wealth inequality in the USA today. If you have not seen this video, I highly encourage you to watch it, but in case you do not have the time, here is a picture which illustrates the same main point.

So, the main point here is that one percent of the population owns about 40% of the wealth in the US; with the top 10% owning about 80% of the wealth (including the top 1%). Which leaves the remaining 60% of the population with about 20% of US wealth.

We illustrated this in my justice class using chairs. There were ten people and there were ten chairs. My professor then divided the chairs according to this actually. He asked the student which represented the top 10% to take control of eight chairs. My classmate proceeded to lay out across seven chairs, with some difficulty might I add, it is harder to take up all that space than it sounds. My professor then told the next student to take up one chair. The next two students got to share a chair between them. That leaves six students left, with one chair. My professor told four of the remaining six students to have the remaining chair. This left two students, myself and another student, with no chairs.

Now I know.

I understand the disproportion that is the system of wealth distribution in the United States. I can say that I have seen the numbers; I understand the charts; I rage at the injustice. But so what?

That's the thing. Having all these statistics does not mean anything until you do something with them. Until you form opinions about them and see their applications in the real world. So that is what I am going to do next. Give you my personal opinion on the matter. But being as this article is running a little long on its own, and I have a lot of opinions on the matter, I am going to set up a little series of articles: US Wealth. So, in the oncoming weeks, I will be discussing things which surround this issue and how I feel about them. Stay tuned...


Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Student Life

A Few Thoughts Every College Freshman Has

The transition into adulthood is never easy

18359
Mays Island
Courtney Jones

Today I started my third week of college at Minnesota State Moorhead. I have survived welcome week, finding my classes on the first day, and being an awkward loner in the dining hall. Even though I have yet to be here for a month, I have already experienced many thoughts and problems that only a new college student can relate to.

Keep Reading...Show less
Students walking on a sunny college campus with trees and buildings.

"Make sure to get involved when you're in college!"

We've all heard some variation of this phrase, whether it came from parents, other family members, friends, RAs, or college-related articles. And, like many clichés, it's true for the most part. Getting involved during your college years can help you make friends, build your resume, and feel connected to your campus. However, these commitments can get stressful if you're dealing with personal issues, need to work, or aren't sure how to balance classes and everything else going on during the semester.

Keep Reading...Show less
Relationships

9 Reasons Why Friends Are Essential In College

College without friends is like peanut butter without jelly.

7806
Bridgaline Liberati and friends
Bridgaline Liberati

In college, one of the essential things to have is friends. Yes, textbooks, a laptop, and other school supplies are important but friends are essential. Friends are that support system everybody needs. The more friends you have the better the support system you have. But you also have someone to share experiences with. And don’t settle for just one or two friends because 8 out of 10 times they are busy and you are studying all alone. Or they have other friend groups that do not include you. Don’t settle for just one or two friends; make as many friends as you can. After the first couple of weeks of college, most friend groups are set and you may be without friends.

Keep Reading...Show less
Lifestyle

The Power of Dressing Up

Why it pays to leave the hoodie at home.

5710
sneakers and heels
Sister | Brother Style - Word Press

For a moment your world is spinning. The phone alarm has just scared you awake and you’re flooded by daunting thoughts of the day ahead. You have three assignments due and little time to work on them because of your job. You’re running late because you’ve hit snooze one to many times after yesterday’s long hours. You dizzily reach for a hoodie, craving its comfort, and rush for a speedy exit, praying you will have time to pick up coffee. Does this sound familiar?

Keep Reading...Show less
Entertainment

11 Signs You Live At The Library As Told by 'Parks And Recreation'

A few signs that you may live in the library whether you'd like to admit it or not.

4958
brown wooden book shelves with books

Finals week is upon us. It is a magical time of year during which college students everywhere flock to the library in attempt to learn a semester's worth of knowledge in only a week. For some students, it's their first time in the library all semester, maybe ever. Others have slaved away many nights under the fluorescent lights, and are slightly annoyed to find their study space being invaded by amateurs. While these newbies wander aimlessly around the first floor, hopelessly trying to find a table, the OGs of the library are already on the third floor long tables deep into their studies. Here is a few signs that you may live in the library, whether you'd like to admit it or not.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments