>Here's the Wall Street Journal take on inequality: http://blogs.wsj.com/cfo/2015/01/29/the-morning-ledger-business-models-evolve-to-cope-with-u-s-inequality/
>
>Feel free to LOL at the focus on business response, but when even WSJ starts saying it, surely it's time for King Canute to admit that the tide is over his head?

I'm reading "Twilight of the Elites" which Tamar recommended.

Christopher Hayes, the author, postulates the "fractal" nature of the magnitude of gaps between levels of wealth.
That is if the difference between the wealth of an average member of the 1% and an average member of the 99% is x then the equivalent gap for the .1% and the .9% is 10x, .01% and .09% is 100X, etc.
He credits this phenomenon (or blames it) for the seemingly limitless greed among the 1%
Once you get to a level, you realize how incredibly far you are from next and the cycle starts all over.
That's interesting, but on a more practical level he documents clearly how the evolution of tax policies since the 1970's (including some supported by Obama) have contributed to the widening gap.