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Income inequality in America has been growing rapidly, and is expected to increase [PDF]. While the widening wealth gap is a hot topic in the media and on the campaign trail, there's quite a disconnect between the perceptions of economists and those of the general public.
For instance, surveys show people tend to underestimate the income disparity between the top and bottom 20% of Americans, and overestimate the opportunity for poor individuals to climb the social ladder. Additionally, a majority of adults believe that corporations conduct business fairly despite evidence to the contrary and that the government should not act to reduce income inequality.
Even though inequality is increasing, Americans seem to believe that our social and economic systems work exactly as they should. This perspective has intrigued social scientists for decades. My colleague Andrei Cimpian and I have demonstrated in our recent research that these beliefs that our society is fair and just may take root in the first years of life, stemming from our fundamental desire to explain the world around us.
http://theconversation.com/lifes-not-fair-so-why-do-we-assume-it-is-45981
(Score: 2) by jdavidb on Friday September 11 2015, @05:13AM
The problem is with the pyramid structure of society. Whenever you have a small peak controlling the large base you are in danger of abuse, which is inevitable over time. We will always have some amount of power focused on individuals / small groups, but it should be as distributed as possible.
I agree with you and my solution is that power should only exist when voluntarily granted and it ought to be revocable.
And for me a popularity contest doesn't voluntarily grant power over the losers of the contest.
Respecting all of this would disperse and distribute an enormous amount of power and would be devastating for the pyramid/hierarchy you mentioned.
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