The biggest impression that resonated with me based on wealth inequality in page 29, was that the top 1 percent own between 40 and 50 percent of the nation’s total wealth. This is goes to show how big the gap between the working class and the wealthy is. This is not to be ignored as it is a big reason why the wealthy are where they are today. The inheritance of this wealth when being born into a wealthy family serves as a big reason why the paradigm never seems to shift to the working class.
Living in a society where there are major wealth inequalities can lead to situations such as the rich getting richer and the poor getting poorer. In other words capitalists are always looking forward to having as much as surplus value as they can get. It does not matter to them if it is at the detriment of the working class, by keeping wages low and raising prices at a significant rate. Also, another implication may be that homelessness can rise significantly due to the working class not being able to keep up with the standard that capitalists set economically in order for them to achieve wealth.