In an economy where financial instruments are increasingly unmoored from the real market of goods and services and profits derived from those services, it’s possible for many people to reap rewards that weren’t actually earned.
What Paul Graham Is Missing About Inequality
Tim O'Reilly
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True! and incredibly, the people who reap those rewards think of themselves as deserving, very clever, and better than the poor or even “regular people” they see around them in the world.

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