“Societies can choose between two forms of relatively stable but impoverishing feudalism–stagnant backwater or financial–or accept the existential risks of embracing innovation and experimentation, not just in narrow technological fields but across the entire economy, society and government. Incentivizing the values that favor wealth creation–thrift, investing, improving skills, entrepreneurial drive, flexibility, strong families–may be just as important as leveling the playing field, i.e. maintaining opportunity via maintaining access to education and social capital building.”
http://charleshughsmith.blogspot.com/2013/08/rising-inequality-and-poverty-can-they.html
