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"First-order inequality is - in my view - a far more important problem than top-end inequality." This belief of yours warrants some explanation. It has to depend on some conception of society that you fail to make explicit, one where first-order inequality poses greater threats to society's "proper" functioning than top-end inequality. To complicate things, you yourself say that "[t]op-end inequality raises the spectre of a tiny economic super-elite using its income and wealth to establish its dominance in other areas of society." Obviously you don't believe that is the current situation in Canada, and I suppose you don't believe it will be anytime soon. If this is a fair characterization of your views, then they warrant some elaboration, because much work has been done to demonstrate the grave implications of so-called top-end inequality.
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Nov 21, 2011