people get a sense of unfairness over it. Would you be ok if you work 10 hours a day to make 20 while your neighbour works 5 hours a day and makes 100? I wouldn't.
well, rich people can afford a better education than poor people so it's not a surprise that wealth is positively correlated with education. intelligence is too to a much lesser degree. still, that's not the point. The point is that not everyone starts at an equal point. when you have people who are born in circumstances way different than others, an unequal wealth distribution is perpetuated.
I brought your country into account because i think your backgrounds might help to explain your economic ideology.
your general idea that wealth is a product of personal effort only works in... well, it really doesn't work anywhere tbh
Yes, I wouldn't have a problem, if my neighbour earned 5 times the amount I earn. From where comes this notion that everyone should get the same salary? Furthermore, the income inequality between regular people isn't that large, it's the billionaires that skew the picture.
well, rich people can afford a better education than poor people so it's not a surprise that wealth is positively correlated with education.
I don't really care that much about the US, as long as it doesn't bring the world economy down, but in most countries there's pretty much unlimited access to higher education. It doesn't cost a fortune at all. If you want to get a degree, you can get a degree. If your parents aren't wealthy enough, you can get a student loan or enter the job market and get a degree after you've saved up enough money.
So, what exactly is it that you're complaining about? I don't get it. I'm not saying your chances of becoming a millionaire or a billionaire are exactly the same as everyone elses, I'm saying that no one's forcing you to be poor, no one's taking money away from you.
Yes, the income inequality could be less pronounced in the US, but you're still better off than the overwhelming majority of humans even if you're a 'poor' American.
Essentially you're whining about the fact that your chances of becoming a billionaire at birth weren't good enough. I don't get it.
And, by the way, most billionaires are *not* from the financial sector (banks, investment funds etc.).