MARCO ANTÔNIO TRETA COM TIAGO PAVINATTO SOBRE ASSUNTO POLÊMICO | Pânico 2022 #136

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What Caused the Recession?

The wages stagnated while the economy grew leading to this gross inequality. If the wealth of the richest 1% families is stacked (1.16 million households) the height would be 60 feet. 1% owns about 33.4% of all the wealth of the country.

Consumerism in American Society

Through the passing of time, the reach of advertising has become even more widespread in society and the underlying desire for consumers to buy “stuff” has been constantly growing. Some analysts say that this desire stems from fears and insecurities. Others say that corporations use advertising to exploit consumers as early as in childhood, and through magazine ads and trends.

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