I happen to think that class division will become more severe and irresistible, because I think that in a generally free economic game, advantage begets advantage, and disadvantage begets disadvantage.
In Santa Clara county the odds of going from the lowest of income earners to the highest are better than anywhere else in the world.
There's nepotism all over silicon valley, but there's also a strong respect for brains and the ability to get things done.
If you want your kids to have a better life than you did, a free market capitalist economy is where you want to be. If you want to maintain your family's position of power and wealth, you want to be somewhere else.
Saying the odds are better is akin to saying that your odds of winning Powerball improve _dramatically_ when you by twenty tickets instead of one.
Executive pay is what it is because the system is very, very broken.
The manners in which it has been systemically broken and remains broken through the collusion of the infinitesimally small number of people occupying the roles of winner are well documented, indeed, they are trivial to enumerate.
I'll say it again. In the future, that we let these systems degrade to this point will be viewed with horror, and the same sort of moral incomprehension that we now claim to hold with respect to slavery and every other human failing.
I hope my children see the day. If they don't it's because things have continued to slide in the other direction, which means things are going to live in a nightmare.
