How the Rich Benefit from the Poor Essay -- Politics Political

How the Rich Benefit from the Poor this paper has problems with formatting The United States is the most developed capitalist economy in the world. The markets within the economy provide profit-motivated companies endless potential in the pursuance of pecuniary accumulation. Throughout the twentieth-century competitive companies have implemented modernized managerial procedures designed to raise profits by reducing unnecessary costs. These cost-saving procedures have had a substantial effect on society and particularly members of the working class. Managers and owners of these competitive and self-motivated companies have consistently worked throughout this century to exploit the most controllable component of the production process: the worker. The worker has been forced by the influence of powerful and affluent business owners to work in conditions hazardous to their well being in addition to preposterously menial compensation. It was the masterful manipulation of society and legislation through strategic objectives that the low-wage workers were coerced into this position of destitute. The strategies of the affluent fragment of society were conceived for the selfish purpose of monetary gain. The campaigns to augment the business position within the capitalist economy were designed to weaken organized labor, reduce corporate costs, gain legislative control and reduce international competition at the expense of the working class. The owners have gained and continue to gain considerable wealth from these strategies. To understand why the owners of the powerful companies operate in such a selfish manner, we must look at particular fundamentals of both capitalism and corporation strategy. Once these rudiments are understood, we ... ...stadl, and Mark Weller. Dollars and Votes. Philadelphia: Temple University Press, 1998. Downs, Alan. Corporate Executions. New York: AMACOM, 1995. Foley, Duncan K., Thomas R. Michl. Growth and Distribution. Cambridge: Harvard University Press, 1999. â€Å"Industrial Revolution.† Microsoft Encarta Encyclopedia. 1st ed. 1999. Zieger, Robert H.. Republicans and Labor 1919-1929. Lexington: University of Kentucky Press, 1969. Works Consulted â€Å"Democratic Party.† Microsoft Encarta Encyclopedia. 1st ed. 1999. â€Å"Fair Labor Standards Act.† Microsoft Encarta Encyclopedia. 1st ed. 1999. Porter, Glen. â€Å"Industrial Revolution.† Microsoft Encarta Encyclopedia. 1st ed. 1999. â€Å"Republican Party.† Microsoft Encarta Encyclopedia. 1st ed. 1999. â€Å"Strike.† Microsoft Encarta Encyclopedia. 1st ed. 1999. â€Å"Taft-Hartley Act.† Microsoft Encarta Encyclopedia. 1st ed. 1999.