On Hair And Privilege
Maha has a good post today comparing and contrasting Mitt Romney and John Edwards.I want to highlight these two graphs. The whole thing in worth a read.
I’d like to point out that ordinary working people created most of that wealth. Inequality doesn’t grow because the wealth are somehow more deserving and working stiffs less so; it grows because the wealthy are able to control the wealth distribution system to their advantage. The role of government is not to take money away from the rich to give to the poor, but to keep the wealthy from gaming the system.
And this is good for us all in the long run, primarily because a nation with a large and upwardly mobile middle class is likely to be a politically stable nation; a nation in which most of the population is shut out of enjoying the wealth they create with their labor is asking for revolution.
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