From the fourth point: So, by this completely rational view of the “pie,” it is, in fact, trending towards a zero sum game. It doesn't even matter how growth

From the fourth point: So, by this completely rational view of the “pie,” it is, in fact, trending towards a zero sum game. It doesn't even matter how growth is trending. Graham's misguided criticism of the 'myth' misses a simple mathematical fact: that the growth in income among the top 1% dramatically outpaces overall economic growth. Consequently, contrary to his assertion, the rich are increasing their income at the expense of the poor. There is no where else the money can be coming from. You can argue (wrongly, in my opinion) that this is solely because the rich are smarter and harder-working than the poor. But you cannot rationally argue that such a shift is not happening in a broad sense.