[quote=CA renter]
This is a huge pet peeve of mine. Lost in the capitalist propaganda of “risk and rewards” is the fact that most rich people take very few personal risks. More privatization of the profits and socialization of the losses…and it will always be this way until people start to wake up (which is finally starting to happen, but it’s a very slow process).[/quote]

It totally depends on how you got rich. The innovators of the world Jobs, Gates, etc probably deserve to have gotten rich. They all took significant risks. The problem is that eventually these people move on from their companies and you end up with Wharton grads running them. Most of these Grads don’t have the innovative skills of those they replaced so they start thinking in the short term and what’s good for the share price. Eventually most of them tend to run the company into the ground, but in the process they get rich. How many companies are still around from 50 years ago, 100 years ago? Not many.

Essentially you want to somehow prevent the well connected from going to Wharton and get the C-Level job because they don’t deserve to be rich in your mind. I don’t see how you can actually accomplish this though.