- The biggest impression that a statistic left on me is the fact that the wealthiest top 1% of Americans own more wealth than the entirety of the bottom 90% combined. This is because it so clearly shows the extreme concentration of wealth and the vast inequality between the wealthiest of the wealthy and the majority of the population. It’s almost dystopian to think a single person has more money than millions of people combined. That fact alone is so hard to get a grasp on, for the simple fact that it’s almost insane to believe it’s real
- Some implications of living in a society with major wealth gaps are that they can create social classes, limiting opportunities for those with less. The rich often have a bigger say in policy, which can worsen inequality. You see this in everyday life, like how wealthier families can afford better education, giving their kids an edge, while keeping the kids of poorer people down, almost below them.
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