What disadvantages are there in a society where the gap between rich and poor is very large?

Obviously, you can see that nation’s economy is pretty much unbalanced. You know, when the poor people can’t even afford themselves a bare minimum living standard, while rich people live their extremely luxurious life, then the work productivity is also unbalanced too. And, you know, when only rich people can afford a good, a decent […]

Obviously, you can see that nation’s economy is pretty much unbalanced. You know, when the poor people can’t even afford themselves a bare minimum living standard, while rich people live their extremely luxurious life, then the work productivity is also unbalanced too. And, you know, when only rich people can afford a good, a decent […]

In my personal opinion, there are a lot of disadvantages such as the governments want to reach become richer and poorer, become poorer. Since if everyone will be rich, the country will be unstable and economical rates will go down. For example, in the recent book that I have read by Robert Kiyosaki, Rich and […]