Inequality is the "defining" issue (in some eyes) of our times but much of it is driven by the rewards bestowed on new ideas and the work of entrepreneurs. Aside from hagiographies such as the one I cited and near-riots by consumers when a new gadget goes on sale, this is seldom mentioned. I once heard (cannot recall the source but the idea seems plausible) that about 80% of the fruits of innovation go to consumers at-large while 20% goes to the inventor. Is that "fair"? Would I accept that division of spoils from behind a "veil of ignorance?" I surely would. This is how we get economic growth -- which is the very best we can do for the poor and less well off.
But these simple thoughts are ignored in the feel-good sanctimoniousness of the inequality debate. Ross Douthat in this morning's NY Times ("Diversity and Dishonesty") calls attention to the suggestions of Sandra Y.L. Korn of Harvard U.
... I would like to propose a more rigorous standard: one of “academic justice.” When an academic community observes research promoting or justifying oppression, it should ensure that this research does not continue.Why the hell not? Discourse and ideas diversity is pretty corny these days.