Disparities in wealth distribution from "summary" of The New Class Conflict by Joel Kotkin
The gap between wealthy elites and the rest of society has grown significantly in recent years. This disparity in wealth distribution has become a defining characteristic of our modern era, as the rich get richer while the middle and working classes struggle to keep up. The concentration of wealth and power in the hands of a few has led to a society where the economic playing field is far from level. The rise of a new class of super-rich individuals has only exacerbated these disparities. This new elite class has amassed immense wealth through various means, including technology, finance, and real estate. At the same time, the middle class has seen its economic prospects stagnate, with wages failing to keep pace with the rising cost of living. The consequences of these disparities are far-reaching. Not only do they create social divisions and resentment, but they also have a profound impact on our political and economic sy...
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