So how does all of this affect culture?
The current global system of organizing economies is responsible for causing massive and growing inequalities. This is very important. At this time the 85 richest people in the world own more wealth than half of the planet's population - that's over 3.5 billion people. It would appear that this is not sustainable.
Within the current system there is a threshold, an amount of wealth that is so large that like large bodies in space has a 'gravitational pull' which attracts ever more money towards it. For those people that have an amount of money below this threshold it is increasingly difficult to save even modest amounts of wealth. As the concentration of wealth is being attracted to fewer and fewer people at the very top, there is less and less to be shared amongst those at the bottom.