I dont care how rich the very rich are i care if they


Question: "I don't care how rich the very rich are. I care if they became rich in an unethical way, or if they use their riches in a particularly vulgar or revolting way. I wouldn't mind if they lost [their wealth] or had it taxed away. But I don't mind if they keep it either. But I do find poverty of the very poor unlovely. That condition deserves, in my opinion, our most intensive care. I believe that the present focus on inequality of income diverts national attention from it" [Stein, 1996, p. A14]. Do you agree with this statement? Is it consistent with utilitarianism?

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Finance Basics: I dont care how rich the very rich are i care if they
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