
Kings justified themselves by “divine right”. Dictators claim “the will of the people”. In an era that worships wealth, billionaires claim “merit,” They are, simply, the best and brightest .
There is no doubt that many wealthy people work quite hard. As did many kings and dictators. As does, really almost everybody. And it is fair to believe that some work is good for society, and some irrelevant. Most of us want to believe that our tribe is best, and those who help our tribe should be respected .
Modern economics has become a high risk game requiring great access to capital and power. Like any gamble, it does require knowledge and perseverance. But on the increasingly overweight fringes of the bell curve of wealth distribution, it appears that luck rains supreme .
I respect brilliant people who toil for social good. I am less excited by “capitalists” who shoot dice in often rigged casinos. I do not think a “founder” is a god-like “maker” who always benefits society. I think he/she is often an extremely fortunate son of a bitch who began with a lot of advantages, thought only about winning money, and ignored most of their common humanity. Very like bad kings and evil dictators .
I don’t worry too much about wealth inequality. I do worry about idiots (kings, dictators, billionaires) who believe they are right about everything and should be worshiped by the rest of us.
