That many people find this acceptable is disconcerting. We have a revolving door system whereby the top regulator knows they will get a nice payout by the regulated after their days of regulating end. Clinton’s Secretary of Treasury got a very high paying job after his repeal of Glass-Steagall and the Clinton’s themselves were richly rewarded by Wall Street.
Therein lies one of the curses of wealth inequality. Humans compare themselves to those who are better off and strive for that level of enrichment. It’s a corrupting state of affairs. Too few people have too much money.
Therein lies one of the curses of wealth inequality. Humans compare themselves to those who are better off and strive for that level of enrichment. It’s a corrupting state of affairs. Too few people have too much money.