Wednesday, May 6, 2020

The Broken Contract Inequality And American Decline

Analysis â€Å"The Broken Contract: Inequality and American Decline† by George Packer explores the ideas of how different inequalities create an unwritten contract, the rise of organized money, and the mocking the American promise. Packer discusses how these inequalities will continue to weaken American democracy unless something is done to fix the problem. Analysing this specific topic is important because it is of current interest in today’s time; these are issues we are facing as a country presently. A constantly asked question in society today is â€Å"What would happen if certain individuals did not face inequalities?† This essay will further analyze the ideas of discrimination and inequality and what our country would be like if we did not†¦show more content†¦He explains that the elites believe they have actual responsibilities within our community. Packer describes that society in the postwar years look better compared to how society is today. â€Å"The Rise of Organized Money† is an inequality that has created many things since a certain social adjustment: youth rebellion, revolution, economic deflation, and the oil shock. These creations alarmed the country’s business leaders and turned their alarm into action. Packer explains the the rise of organized money created an enormous transfer of wealth to the richest Americans. It has also created an immense divide between the economic and social classes, specifically between the rich and the middle class. However, Packer explains that getting rid of the elites would not necessarily empower ordinary people. â€Å"Mocking of the American Promise† is the main inequality that dominates the others. Packer describes this mocking as a force that â€Å"pervades every corner of the United States and saps the strength of the country’s democracy,† (p. 60). The author goes on to explain that it is almost impossible to find the source of the mocking to turn it off. For many years, many governmental influences have denied the existence of this force, but over the past couple of years, the evidence of its existence became overbearing. The main factor of its origins has been â€Å"tax rates, spending choices, labor laws, regulations, and campaign finance rules,† (Packer,Show MoreRelatedChile : An Engine Of Global Growth1471 Words   |  6 Pageseconomic performance during the 1982 Crisis and The Asian Financial Crisis from 1997-1998. Chile has a current population of 18,034,692 with a male population of 49.4% and a female population of 50.6% (The World Bank, 2015). The Ethnic groups are broken down by white and non-indigenous 88.9%, Mapuche 9.1%, Aymara 0.7%, other indigenous groups 1%. In recent years, Chile has become an aging society, with life expectancy on par with other developing countries (The World Bank 2015). 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