- The top 1 percent own between 40 and 50 percent of the nation’s total wealth (stocks, bonds, investment funds, land, natural resources, business assets, and so on), more than the combined wealth of the bottom 90 percent. These statistics probably made the biggest impression because the working class is the majority and even with all our bank accounts and what little assets, bonds, stocks, and resources the top 1 percent still have more wealth of 90%. It’s almost incomprehensible.
2. Wealth inequality often translates to unequal access to essential resources such as education, healthcare, and housing. Those with less financial means may struggle to access quality education, leading to a cycle of poverty that’s hard to escape. This example so keenly illustrates how wealth inequality effects daily life and influences broader dynamics, negatively impacting everything from healthcare to education to even community cohesion. This dynamic is and has been played out in our everyday society since there was even a society to begin with.
