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I can't help but to always sense and underlying message of "are the rich too rich?" whenever a story like this gets published. Rather than just looking at the
by canterburry 16y ago
I can't help but to always sense and underlying message of "are the rich too rich?" whenever a story like this gets published.
Rather than just looking at the raw numbers (which these articles always love to do), I think the more relevant questions is, do or don't the "rich" deserve their wealth? If they deserve 85% of all wealth due to their involved in the economy, job creation etc...well, then they should have it.
I think few here in the HN community would argue against some entrepreneurial fellow HNer making a buzzillion dollars off of some cool and desirable product/service which instantaneously puts then into the 1st 20th percentile of the graph. Why? Because this person created enough value to earn that money....and maybe those other Americans in that top percentile did too.