I feel that companies in our society are playing by their own rules. Their strategy is taking the opposite affect towards globalization. It is making it hard for poor people and those who are living day by day to excel in life. These companies are targeting communities where not as many people have had the resources for education, or even access to the internet. They’re taking full advantage of this by charging extremely high interest rates and not thoroughly explaining what the contract is actually stating. Some of the main companies are credit card companies and car dealerships, which keeps the low-income community further away from the opportunity divide. The worst your credit gets, the easier it is for companies to reject you by a simple credit check. This is unjust and I feel like the government would make a big difference in alleviating some of the traps these companies have set for a specific group of people. I feel that since our society has become so advanced, everyone should have access to the World Wide Web in becoming more up to date into what’s going on around them. This will constantly keep the opportunity divide further from our goals if something isn’t done immediately. After reading “The Poverty Business,” it became evident that companies have made a huge impact in reaching out to low-income communities and making sure they’ll be left in debt, or paying credit bills for the rest of their life. It was a shock to me because I never knew they could make such a profit by targeting poor communities and really becoming lucrative. They use slogans and ads to make consumers comfortable while accumulating clients with high interest rates. This is not a matter that should be overlooked but valued as something communities can join and face together in order to cross the opportunity divide.
I like how this post makes a passionate statement about the influence and corruption of large corporations. This is a powerful message that people need to hear and reflect on. I feel that this blog could have gone a step further and advocated for specific actions that individuals could take to combat the threat of corporations. I think that people commonly know that something is wrong in the world, but struggle to understand what they can do to make a change.
ReplyDeleteI like how this post makes a passionate statement about the influence and corruption of large corporations. This is a powerful message that people need to hear and reflect on. I feel that this blog could have gone a step further and advocated for specific actions that individuals could take to combat the threat of corporations. I think that people commonly know that something is wrong in the world, but struggle to understand what they can do to make a change. -Chris Carmichael
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