1. Winner Take All Society?
The free market & rewards

2. U.S. GDP in Comparison U.S. 13.5 Trillion World: 54.0 Trillion
4.5% of population U.S. controls 25% of wealth

3. What is Income? What is Wealth? What you EARN per year
often referred to as salary
the average college graduate (4yrs) starts at an average of $42,000 per year
What is Wealth?
What you OWN minus what you OWE
House = $1,000, Mortgage = $950, Stocks = $50,000
Wealth = $100,000

4. Wealth vs. Income Numbers YOU should know for TEST
Top 20% has 84% of Wealth
Top 20% earns 50% of Income
Top 1% has 39% of Wealth
Top 1% earns 15% of Income
Bottom 40% has less than 1% of wealth

5. Why do a few get most of the MONEY?
Classroom Reading:
Why do a few get most of the MONEY?
Economic Theory on the
Distribution of Income

6. Winner Take All Analysis
Low-Skilled Workers
Highly Educated Workers S S D D
What is good about inequality?

7. Winner Take All: Superstar Theory