Analysis Of So Rich So Poor Edelman

1469 Words6 Pages
Introduction So Rich, So Poor: Why It's So Hard to End Poverty in America is a masterpiece of economic analysis by Peter Edelman. A former aide to the Senator Robert F. Kennedy, that the author focuses on how the nation that is considered to the greatest is at the center of the poverty as a subject of national discussion. While stopped working with Senator Kennedy he fought against all odds to highlight this serious state of the nation. In fact, against all the odds, Peter Edelman sets forth to give an intriguing analysis of what the United States has become; the new poverty frontier. With an explosive approach, he goes ahead to discuss how a country can be considered so rich, but yet have some of its citizens living below the poverty line.…show more content…
For one, he acknowledges the fact that for most Americans, their income is the most valuable thing they have and hence they must work to keep it streaming. While on the other hand, for the richest Americans, they hold their capital assets and investments as their form of wealth. Furthermore, he argues that for the poor to join the club of the rich, he or she must accumulate money to acquire various assets. He then goes ahead to give valuable advice to the low-end Americans. He first suggests that they should aim to acquire assets and keep their expenses low. Besides, he urges them to learn from their mistakes and work to earn, invest and grow rich (Edelman, 2013). Perhaps as an encouragement to those who may lose hope at some point, he argues that each and every other rich person has made losses at some point. However, this should not discourage one from keeps trying. Above all, he argues that for one to be rich, he or she should be in control, surround himself or herself with the right people and have a clear purpose in…show more content…
He argues that agitation for women empowerment, rights for people of color and gender equality was wrongly executed. He argues that while the movements presented genuine concerns and indicated the steps to be followed, greedy politicians took advantage and ensured that there was a misrepresentation of these groups when implementing various policies to rectify the now apparent poverty problem. Furthermore, this part focuses on how rather than helping reduce poverty, the policies escalated it further and in way aligning to the topic of the book, Why It's So Hard to End Poverty in America (Edelman, 2013). In the end, the author concludes that the situation is first shallowing the American pride. He further goes ahead to give various suggestions that he argues will help America curb the rate at which poverty is taking over America. for one, he argues that bold and statesmanship actions need to be taken (Edelman, 2013). Additionally, he asserts that various reforms need to be done to ensure that such policies are not turned to be other poverty
Open Document