The Tie That Truly Binds Grand Fortune and Great Talent

The richest among us have always loved to claim they have more talent — more smarts — than the rest of us. They can do things the rest of us can’t. They fully deserve, in other words, the grand fortunes they’re so busily amassing. Those of us who worry about the inequality those grand fortunes create have never swallowed this deservedness claim. We’ve spent massive amounts of our time demonstrating how grand fortunes reflect all sorts of dynamics — from exploiting workers and shortchanging consumers to monopolizing markets and paying off politicos — that have nothing to do with talent and brilliance. More

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