Posted February 1, 2014
by Jerry Alatalo
“There is hardly any inequality among men in the state of nature.”
– Jean Jacques Rousseau (1712-1778)
At the 2014 World Economic Forum there were a number of panels convened to talk about various issues around the world. In this one the topic was “Money and Influence”. One man is a hedge fund manager, another a historian, then two economists. It is an interesting conversation, but somewhat uneventful with respect to specific steps needed to tackle the problem of the topic: money’s influence in politics and society.
It could be said that what has become a widely publicized subject – increasing wealth inequality – is a radical trend that requires radical ideas. American writer and publisher Elbert Hubbard (1856-1915) thought that “an idea that is not dangerous is unworthy to be called an idea at all”. There is a sense during this talk…
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