In this current politico- socio- economic environment, inequalities have been a glaring unhealthy trait of all spheres of life- whether within countries or between countries or between individuals and classes. This inequity of social status, wealth and power is largely misinterpreted as a failure of society and as an evidence of potential instability. However it is equally true that it is but a natural consequence of human engagement and interactions. Let's understand the cause of this pervading inequality and reason for its emergence in all walks of life. Have you ever wondered, why 50% of all the wealth of the world is divided between 100 families or so and the remaining 50% is divided among 7 billion people. The answer lies in the Price's Law. This steep inequality of wealth distribution exists in every country, irrespective of the economic model that it employs, whether it is socialist model capitalist model or any combination of both. It also exists in s