A Comment About

In Praise of Capitalist Inequality

November 6, 2011 - 12:00 am - by Paul Hsieh
macdaddy31
2011-11-06 12:56:32

Great article. I am a believer that capitalism is the best system and would never begrudge guys that create something and get uber-rich in doing so. They bring us all up in direct and indirect ways. But there is certainly some unfairness in the system that could probably be fixed. I have a problem when I see people that for no reason other than force of personality, politics, paternalism, networking, favoritism … rise to executive levels where they are given incredibly rich and generally undeserved compensation packages at the expense of others and the shareholders when they contributed little or nothing to the creation of the company or products, and when what they do could be done by others. These and perhaps other processes within the capitalist system have room for attack; but not the system generally.