Fairness In The World Of Income Inequality

We often gasp at the amount of personal wealth various entrepreneurs have amassed. News about income inequality^ is quite common lately, and so it should be, because slowly but surely, society’s patience is reaching the breaking point; and if that happens, chaos will ensue. It is hard not to be shocked when you are confronted with the knowledge that 85 people own more wealth than the world’s poorest 3.5 billion. Except if you’re Kevin O’Leary^, of course.

But are all these entrepreneurs evil incarnate? What about Bill Gates’ work^, or his and Buffet’s Giving Pledge^? What about many other magnates who did great services to society during or towards the end of their careers? Does the Nobel Prize ring any bell? And most importantly, who do you think could manage billions of dollars and put such power to better use than these people can?

As we will see, the problem does not entirely lie with these wealthy individuals. A solution can only be found if we work together, peacefully but determined, towards updating our society to this new age of abundance that is brought upon us by the technological advances of the past few decades (you should listen to this excellent talk on the subject^).