>>It just means there are people more rich and more powerful than you, and you can't stand it.
The harm I see is that the inner city institutionalized outcasts *will* revolt in time- why not, when the Social Compact no longer pays heed to them. This has been the price in the US of concentrating wealth at the top. Add the Middle Class and revolution is a certainty. Harmful? With history written by the winners, it will be a wonderful rededication to the ideals of the Founding Fathers, but in the meantime revolutions are famous for consuming their own and it won't be a lot of fun.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1