Wealth disparities posed a threat to societal stability from "summary" of The affluent society by J.K. Galbraith
The existence of significant differences in wealth and income within a society is not merely an issue of fairness or justice. It goes beyond just the moral question of whether it is right for some to have so much while others have so little. The real danger lies in the potential consequences of such disparities for the stability and cohesion of society as a whole. When a small minority possesses a disproportionate share of the wealth, it can lead to a sense of alienation and resentment among the majority who are left with far less. This can create a deep divide between the haves and the have-nots, eroding the social fabric that holds a community together. The resulting social tensions and conflicts can threaten the peaceful coexistence and functioning of society. Moreover, when a significant portion of the population struggles to meet their basic needs while a privileged few enjoy extravagant wealth, it can undermine the se...
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