Yes. Plus the capital structure massively over emphasises this. I am definitely not for throwing out the industrial revolution baby with the Victorian capital

Yes. Plus the capital structure massively over emphasises this. I am definitely not for throwing out the industrial revolution baby with the Victorian capital structure bath water, but looking at the robber barons that crop up with each generation I wonder if there is a different way of allocating capital, decentralised decision making that can more properly / equally reward effort and contribution. Giving almost all the wealth to the financiers does not seem the right approach. Then again, I wish Warren Buffet ran my pension fund.