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The Growing Wealth Gap: A Problem We Can’t Ignore

Writer: Deshani LiyanageDeshani Liyanage

Every time I step outside, scroll through the news, or speak with people struggling to make ends meet, I am reminded of the deep inequalities in our world. Wealth continues to concentrate in the hands of a few, while countless individuals work tirelessly just to get by. This imbalance is not just an unfortunate reality, it is a systemic issue that demands our attention.

This isn’t just about money; it’s about dignity, opportunity, and fairness. It’s about hardworking families struggling to pay rent while a select few amass extraordinary wealth. It’s about children going to bed hungry while major corporations report record-breaking profits. The system is flawed, but meaningful change is possible.


Why Is the Wealth Gap Widening?


Several factors contribute to growing economic inequality:

  • Unfair economic policies – Tax breaks and loopholes disproportionately benefit the wealthy, leaving the working class to shoulder a greater financial burden.

  • Technology and automation – Many jobs are being replaced by machines, and new industries often cater to those with wealth and influence.

  • Rising costs, stagnant wages – Essentials such as food, housing, and energy continue to become more expensive, while wages fail to keep pace.


Despite these challenges, change remains slow. Those most affected by economic disparity often lack the resources and influence needed to drive meaningful reforms.


Real-World Examples: Sri Lanka and the UK

In Sri Lanka, the ongoing economic crisis has left many struggling to afford basic necessities. Inflation has surged, and wages have not kept up, forcing people to stand in long queues for essentials such as fuel and medicine. Meanwhile, a small elite enjoys financial security, largely insulated from the struggles of the majority.


In the UK, economic inequality is becoming more pronounced. Rising energy bills and unaffordable housing have made life increasingly difficult for many citizens, while the wealthiest individuals continue to accumulate more resources. Workers go on strike, families cut back on heating, and food banks see higher demand, all while corporate profits soar.


How Can We Address This Issue?

We cannot simply accept this growing disparity. To create a more equitable world, we must take action:

  • Advocate for policy changes – Governments must implement fair taxation, ensure livable wages, and strengthen social protections.

  • Support responsible businesses – Choosing companies that prioritize fair wages and ethical practices can help shift corporate behavior.

  • Raise awareness – The more we discuss inequality, the harder it becomes to ignore. Awareness leads to action.

  • Foster community support – Engaging in local initiatives, donating to causes, and offering direct assistance to those in need can make a real difference.


The world may be unequal, but we are not powerless. By demanding fairness and working together, we can close the wealth gap and create a society where everyone has the opportunity to thrive. The question is, are we ready to rise to the challenge?

 
 
 

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