tag:blogger.com,1999:blog-4664190527081896928.post8369291197608314936..comments2023-05-18T04:18:12.048-07:00Comments on theory 2 life: Why care about inequality?CWhttp://www.blogger.com/profile/05659688654057889460noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4664190527081896928.post-13429393303568635972009-08-22T19:49:42.728-07:002009-08-22T19:49:42.728-07:00Sounds like the primary reason that people like La...Sounds like the primary reason that people like Larry Katz are concerned about inequality is because of corruption and potential wrongdoing by the wealthy elite, since, as the adage goes, money is power. Fair enough. But there is nothing else intrinsic that I find worrisome about this, as long as the Larry Page and Sergey Brin stories are far more commonplace than the Bernie Madoff stories. I'm not bothered that [many] people are [a lot] wealthier than I am. Nor should the poorest be. I do not believe that the rich have gotten rich at my expense.<br /><br />I do agree with the intuition that economic inequality fosters innovations and programs, initiated by those above the poverty line, such as Bill Gates and his foundation, to provide economic opportunities to the poor.Gingihttps://www.blogger.com/profile/14332518512499672370noreply@blogger.com