We are living in difficult times. The divergence between the rich and the poor is huge and increasing. Rising inequality as registered by all indicators is as high as it has ever been since the great depression. Many have warned that such inequality will spawn a raft of severe social problems (the book, “Spirit Level”, Joseph Stiglitz, Pikett). Even some of the rich themselves have alerted us and said that this trend needs to be reversed (Warren Buffet, Bill Gates).
