If this were a research paper it would be rejected for not citing any sources. There should be a footnote marker every two sentences in this story if we were to

If this were a research paper it would be rejected for not citing any sources. There should be a footnote marker every two sentences in this story if we were to hold it to academic standards. There is no easy way to verify anything he is saying. That's not to say it's wrong. But I like to see primary sources. With that said, I know our industry (high tech) would be very different if people weren't allowed to keep and invest their unearned income. He holds up Wallstreet as an example of greed (as one does) but ignores that other industries have created massive upwards mobility because people were able to keep their money and were incentivized to re-invest it (to make more "unearned" money). In the US our entire retirement system is based on saving several million dollars and living off unearned returns on that money. Now one could argue that the state could support retirees but I don't personally see that happening. I for one am frightened by these articles... I don't have a lot of unearned income right now but I am working my ass off every day on new companies and ideas in the hopes that someday I will have unearned income and be able to retire at a normal age with the same (or better) quality of life I have now. If I knew that earning more just meant I got to keep less, I probably wouldn't be working as hard as I am now and taking risks. And less people taking risks is bad for innovation. And innovation is a job creator.