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Old 12-16-2013, 04:58 PM  
Atticus
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Join Date: Dec 2004
Location: Las Vegas
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Because unlike your other examples, income inequality does not equal a productive economy. The wealthiest 1% depends on consumers to buy their products and services. If the economic divide becomes too large there is no longer a consumer base that can afford to purchase the 1%'s products/services.

As the 1% gobble up more and more of the wealth the middle class is squeezed out and the entire economy suffers. Then it becomes the top tenth of 1% and so on controlling the majority of the wealth. On top of that you have the social impacts of a society with a few overlords and thousands of peasants.

Plus as the 1% and corporations increase their wealth they also increase their lobbying and influence which makes it even easier for them to accumulate wealth at the expense of others (See Walmart and the minimum wage which forces tax payers to foot the bill for minimum services as one of many examples).
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