I think the wage gap mainly affects women in the US with unequal pay leading to some wealth inequality for single women. I'm sure there are other forms of discriminatory wage gaps around the world. read more
In the foreseeable future, however, some form of income equality will most likely continue to exist. Paradoxically, perhaps, that is not a bad thing, if it benefits everyone. read more
And inequality is likely to continue increasing for decades, he says. Ultimately, we could end up with a society in which the rich separate themselves from everyone else, perpetuating their wealth from one generation to the next, as nobility of past centuries did. read more