[CliffFletcher]

I’m not arguing that wealth concentration hasn’t happened (I’ve read Piketty too). So we’re talking past each other.

I frankly don’t care as much about concentration of wealth as I do about absolute material living stands. Sweden actually has more billionaires per capita than the U.S., but it still provides more robust public services and quality of life to its citizens. It achieves that by fostering an attractive climate for private business, and then imposing high tax rates on citizens at all income levels who work in those business. I don’t see anyone in North American today offering that as a model for a more egalitarian society going forward.