European Tribune

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It's very hard to quantify failure. But we do, in fact, mass produce failure. Many talented people fall through the cracks, especially because efficiency is defined as profit and not as social returns in the form of improved quality of life for the majority.

Besides that - income levels are talismanic, not rationally calculated. In a culture that rewards narcissism, narcissistic income levels need no other justification. Someone has to have them, and since it's narcissism and not talent that's being rewarded, the reward is based on notions of the inherent specialness of celebrities and CEOs, and not on anything more substantial.

You won't get support for progressive taxation until this narcissistic mythology is replaced by a mythology of cooperation, empathy and social awareness - which sounds unlikely now, but is a possible outcome if the current system implodes in a memorably horrible way.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Jun 24th, 2008 at 05:17:07 AM EST
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