The rise of the new global Super-Rich

This is extremely insightful. Lots of true facts about the shift of economy, but at the same time it seems like it’s the natural cause of innovation. Instead of blaming the innovators, perhaps we need more innovation in terms of better job creation, job definitions vs. value creation in the overall global economy.

Technology is advancing in leaps and bounds — and so is economic inequality, says writer Chrystia Freeland. In an impassioned talk, she charts the rise of a new class of plutocrats (those who are extremely powerful because they are extremely wealthy), and suggests that globalization and new technology are actually fueling, rather than closing, the global income gap. Freeland lays out three problems with plutocracy … and one glimmer of hope.

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