The statistic on wealth inequality in the US that most impressive me is that just a small percentage of high class people has most of the commodities and wealth and the biggest percentage is the working and middle class and they have almost nothing compared to them, how is it possible that happened? why just a small group of people compared to the rest is so rich? i think that is the way capitalism work, it is just an effect of that system inequality is something that must happen in order to capitalism exist and work
Some implications of living in a society like that is that there is going to be always people in need and people super rich, the working class earning a wage less than the profit earned by their labor, we can see this dynamic in today’s jobs like in restaurants, the daily earnings are high but their payment is low compared to the labor they need to do and the risks they face, many times happen to be some form of labor exploitation when the owners want them to work faster or more without any kind of compensation.