“The disposition to admire, and almost to venerate, the rich and powerful, and to despise, or, at least, to neglect people of poor and mean condition, is the the greatest and most universal cause of the corruption of our moral sentiments. This is a thought recorded many years ago by one of the greatest economists, Adam Smith, when he talked about attitudes towards the so-called rich and poor in societies. With this in mind, what about economic inequalities between people? Income inequality refers to how equally or unequally income is distributed in a society (Sutter, 2013). Economic inequality can also be briefly described as the difference between individuals or populations in the distribution of their assets, wealth or income. The term generally refers to inequalities between individuals and groups within a society, but can also refer to inequalities between countries. Its history can also be briefly summarized under: rulers and their subjects, slavery and the industrial revolution. Regarding the first point, leadership can be described as a process in which there is organization of a group (subjects) to achieve a common goal. Rulers usually find themselves in a situation where the income they earn is far greater than that of their subjects. Rulers are then seen as better off than their subjects because of the large difference in wealth, assets, or income between them. The second point continues by talking about slavery; When slavery was introduced, the people who bought the slaves were considered wealthy. Slaves were also not considered people deserving of high income or wages and were therefore paid according to their masters. The second point, which is the industrial revolution, was debated in its time ... middle of paper ...... standard of living. No one really knows the future, but it doesn't hurt to try to predict it using the past. Therefore, judging from the past economic inequality between people, increasing poverty, increasing unemployment and increasing living standards are considered the future predictions. With all this talk about economic inequalities between people, looking at history, the current, trends and predictions of the future, we see that fundamentally everything surrounding economic inequalities is of a certain form of negativity. It can also be seen that such a thing was inevitable. The only way to achieve this is to find measures to curb negative predictions of the future. I end here with a quote from Thomas Frank: “After all, we have learned that massive inequality is not the best way to run an economy. And when you think about it, it's also deeply ugly’’.