#1. The statistic that made the biggest impression on me, discussed on p. 29, was the fact that only 1% of the population owns between 40-50% of the total wealth in the U.S. What is more shocking is the fact that this wealth is more than the total wealth of 90% of Americans COMBINED.
The reason why this statistic left such an impression on me was due to the sheer amount of wealth that is held by such a tiny percentage of the population, and the implications that this must have on HOW this wealth must have been accrued.
#2. There most certainly are many implications of living in a society with such a huge wealth gap. The biggest one being the very visible sign of inequality within a society.
You can see this dynamic played out in everyday life by comparing the people who have to actually work vs those who can sit back and enjoy their wealth. The working class are unable to do much else BESIDES work, since their lives are made up of trying to sustain themselves and their families, barely able to go on their two weeks per year – if that – vacations. On the other hand, you have the capitalist class whose lives ARE like one big luxurious vacation. You can see this disparity in the neighborhoods we live in; the wealthy have safe, nice clean neighborhoods while the poorest have ghettos. You can see it in the transportation we use; the wealthy have chauffeured cars while the rest of us ride the subway. You can see it in our education system; the wealthy have their expensive public schools while the rest of us have to use underfunded public schools.