I find Warhol's quote extremely short-sighted. The reason income inequality is a humongous problem is because it directly leads to inequality in power and infl

I find Warhol's quote extremely short-sighted. The reason income inequality is a humongous problem is because it directly leads to inequality in power and influence. Rich people can lobby politicians much more effectively and use their wealth to get policies enacted that benefit them, usually at the expense of the poor. They can also manipulate the masses by subverting mass communication channels and convince people that their being rich benefits everyone (e.g. "trickle-down economics" and the general worship of and rhetoric around "job creators").