1. The richest people of the country, the top 1 percent, owns between 40 and 50 percent of the nation’s total wealth. This made the biggest impression on me since one percent is a really insignificant number of the population. Even if they are not a lot, they are still able to own almost half of the nation’s total wealth, it’s like they own half of the nation’s. When the bottom 90 percent combined don’t even own that wealth. That shows how powerful and wealthy the high social class is and also how they are in control.
  2. Huge wealth inequalities in a society have big implications as in most of the time it holds back people in their situation and prevent them from increasing to a better one. It also has a big impact on the market prices since this society is more profitable for wealthier than the people that are really in need. The power of this dynamic can be seen as most of the people that should, can’t really realize the situation they are in. It became normal for them since they have always been in this situation. We can see for example social inequalities where the less fortunate whether in a weak position for unemployment or many other situations have less help than higher social class.

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