The top 0.1% is not by definition harmful to society, but harm can come from when the 0.1% controls an increasingly disproportionate share of wealth. But of cou

The top 0.1% is not by definition harmful to society, but harm can come from when the 0.1% controls an increasingly disproportionate share of wealth. But of course, income inequality is not bad by axiom either. The rub of increasing income inequality is that it undermines everyone benefiting from increasing wealth and technological advance (e.g. the hope that in the limit we'll approach a star-trek society). Overall, we want a society in which wealth for all increases -- this is the futuristic dream of us working 15 hour work days by virtue of massive productivity gains from technological advance. Yet what seems to be currently happening in our economy is that technological advance enables increasing profit for a select few.