re:Strangely enough, I think they're both right... In the same way each of the proverbial blind-men is right in their description of the elephant they only know by touch.
On Income Inequality: A French Economist Vs. An American Capitalist
by MARILYN GEEWAX, May 11, 2014 5:40 AM ET
The healthiest possible economy occurs when 100% of the population feels maximum incentive to risk innovation in the pursuit of happiness (i.e. success).
Because the motivaters of the 1% are mostly in opposition to those of the 99%, maximum prosperity can only be achieved at some point of equilibrium between them. We've been WAY out of equilibrium for about 10-20 years.