Kevin O’Leary, co-host of the “Lang and O’Leary Exchange” on Canadian television, has an interesting argument for why it’s good that the richest 85 families control the same amount of wealth as the poorest 3.5 billion people. From Talking Points Memo:
“It’s fantastic and this is a great thing because it inspires everybody, gets them motivation to look up to the one percent and say, ‘I want to become one of those people, I’m going to fight hard to get up to the top,’” he said. “This is fantastic news and of course I applaud it. What can be wrong with this?”
I think striving is great and it’s good to have role models (and I doubt anyone is denying this), but these particular role models (even the one percent on his expanded version) are very far from being meaningful. It’s somewhat like asking what Jesus would do: Chances are, it’s beyond your capabilities.