We now live in a country in which the bottom 40 percent (120 million people) owns just 0.3 percent o

Jan 02, 2011 07:16



We now live in a country in which the bottom 40 percent (120 million people) owns just 0.3 percent of the wealth. Data of this kind make one feel that one is participating in a vast psychological experiment: Just how much inequality can free people endure? Have you seen Ralph Lauren's car collection? Yes, it is beautiful. It also cost hundreds of millions of dollars. "So what?" many people will say. "It's his money. He earned it. He should be able to do whatever he wants with it." In conservative circles, expressing any doubt on this point has long been synonymous with Marxism.

via beardedseals.tumblr.com
Sam Harris, A New Year's Resolution for the Rich, huffingtonpost.com.

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