Why Attacking The Rich Means The End Of Prosperity

If you haven’t read Paul Graham’s stuff yet, you’re way behind the curve. He’s an absolute genius on a wide range of topics, and his latest piece discusses how inequality relates to risk, which in turn relates to the overall success of a country. From the article:

If you try to attack wealth, you end up nailing risk as well, and with it growth. If we want a fairer world, I think we’re better off attacking one step downstream, where wealth turns into power.

I strongly suggest you head over and read the entire piece.