Sample Essay on:
Wealth and Poverty

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This 4 page paper this paper compares the ideas of Richard Reich and Karl Marx to see if they are valid in relation to one another, or if they are different. Bibliography lists 3 sources.

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4 pages (~225 words per page)

File: D0_HVWeaPov.rtf

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mechanisms of wealth and poverty; this paper compares their ideas to see if they are valid in relation to one another, or if they are different. Discussion In his article "Why the Rich are Getting Richer and the Poor, Poorer", Reich shows us the relentless mechanism that governs American capitalism: the need to make profits for the stakeholders, regardless of what the drive for such profits does to the workers themselves. Reich discusses two types of workers specifically: the "routine producers" and the "in-person servers" (Reich). A routine producer is a middle level worker; a "blue collar" person who handles routine jobs. The jobs may be dirty, even dangerous, and while they may require physical dexterity and strength, they are not generally jobs that also require great intellectual capacity. A good example might be a worker in a steel mill. Theres no question that the work is physically demanding and requires strength-people have died in the mills-but its also routine and doesnt ask much of the worker except that he show up and follow the instructions on how to make steel. In other words, his job, while difficult, is also easily taught (and learned) by others. These are the jobs that are being offshored: the routine positions than anyone can do given a reasonable amount of training. Reich uses the example of AT&T and its phone assemblers. The company had a plant in Shreveport, Louisiana, but discovered that people in Singapore would work for a fraction of what American workers demanded; it switched its assembly there accordingly (Reich). It then discovered that the Thais would work for a fraction of what the Singaporeans wanted, and switched again (Reich). The company of course argues that it saves money this way-which it does; it argues further that it pays ...

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