Posted by Bob Lord
If you write for a local blog, the best you can hope for is to have our views echoed by those with larger platforms. So it was gratifying to read George Packer's op-ed in today's NY Times, Celebrating Inequality. Packer picked up on two themes I've mentioned in previous posts. But he drew a connection between them that I had not noticed. And that connection is quite significant. It may explain why his work is on the opinion pages of the NY Times and mine is posted here.
A few months ago, in a post entitled Trillionaires, I noted how we foolishly celebrate the achievements of the super rich as we do the accomplishments of athletes on steroids:
Remarkably, as we pass the milestones, $10 Billion, $50 Billion, soon $100 Billion, no alarm bells ring. Instead, we celebrate the expanding fortunes of the super-rich as we do athletes breaking sports records. Reaching $1 Trillion will be treated like hitting 73 home runs was before we knew Barry cheated to get there. With any luck, our first Trillion Dollar fortune also will be tainted by misdeeds of the achiever. Perhaps that will wake us from our slumber.
Packer focuses on this phenomenon, how we worship celebrities as demi-gods in times of inequality: