In recent decades, the rapidly rising share of the very top end of the distribution of market income has reflected a new normal - unbalanced growth. Unequal income growth rates imply changes in savings flows which accumulate to changed stocks of indebtedness, financial fragility- and periodic macro-economic crises. Ever increasing income gaps also imply increasing top end spending on political influence and child human capital and ever increasing incentives to advertise the luxury consumption goods that fuel envy.