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John Kenneth Galbraith's "The Position Of Poverty" And Robert B. Reich's "Why The Rich Are Getting Richer And The Poor, Poorer": Compare/Contrast

5 pages in length. Within the literary boundaries of John Kenneth Galbraith's "The Position Of Poverty" and Robert B. Reich's "Why The Rich Are Getting Richer And The Poor, Poorer," the reader is given a significantly better understanding as to why there exists such a tremendous separation between rich and poor. While Galbraith cites the curse of capitalism, Reich tends to focus more closely upon the decline in a decently paid workforce, a contrast that effectively distinguishes Reich and Galbraith. Reich notes that major corporations such as AT&T, American Airlines and General Motors – just to name a few – have ceased taking care of their employees, choosing instead to seek out cheap labor as a means by which to fortify even further their already overflowing money pots. By doing so, one can readily surmise that the middle class is slowly but surely being squeezed out as the separation between upper and lower class. The writer compares and contrasts these articles as they are found in Lee A. Jacobus' "A World of Ideas." No additional sources cited.

File: LM1_TLCrchpr.doc

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