-
is that they're suddenly getting rich people.
-
If everyone's getting better off, you could say, what's the problem?
-
In many ways that is the right answer,
-
but I think that we can't tolerate excessive inequality.
-
The beauty of it is that
-
the very same capitalism that has been generating inequality
-
has solutions for it.
-
Many of our venerable economic institutions that we already have
-
are working against inequality,
-
so I'll mention just for example, life insurance,
-
that helps alleviate inequality
-
by eliminating one important cause of inequality.