The 'Real' Social/Economic Cost of America's Wealth Inequality

Part of the reason for the dotcom bust was the number of internet start-ups which were ballyhooed as the new goldmines of the information age, long before the goldmines actually produced valuable ore. Many didn't have to put up their own capital because venture capitalists BEGGED to invest. http://www.investopedia.com/terms/d/dotcom-bubble.asp#axzz1bZDa0RRk

I think it is both unrealistic and morally suspect to let or expect somebody else to undertake the costs of another's decisions and behavior--particularly when there's no pressing NEED. Such enabling removes consequences from actions and reduces the probability of thoughtful risk analysis.

It is not unethical behavior to lay off employees or cut benefits when the cutbacks are across the spectrum. Too often that has not been the case. Workers have been let go in order to make more profits which have benefited shareholders and executives. That, IMHO, is equally unjust. BTW, when executives identify themselves as the company, they run into a real probability of hubris and overweaning arrogance.

people have different earnings based on:

Who they know

The color of their skin

Their gender

Their height

Their weight

Their attractiveness

[amongst others}

But the "value" of what they do? Nah, I don't buy it. In an idyllic world maybe.