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The problem with the rich is how much wealth they extract, not how much their couch cost.
by whipoodle 9y ago
The problem with the rich is how much wealth they extract, not how much their couch cost.
- danielam 9y agoAnd how that wealth is used. The article begins with a dubious premise, namely, that how much wealth a person has is of moral consequence per se AND a matter of public concern. It isn't. (Side note: many people regard any discussion about income and assets with people other than a few select individuals in poor taste regardless of income.) As Harry Frankfurt has written, inequality is not interesting or relevant per se. What is relevant are things like poverty or the buying of influence. An obsession with inequality per se stems from either confusion about what is relevant, moral confusion, jealousy or fondness for ham-handed and even immoral solutions to problems of public concern that the misuse or pursuit wealth can create.
- whipoodle 9y agoNo, no.