Charles Murray: The New Upper Class and the Real Reason We Dislike Them

The Pew Foundation discovered in a recent poll that tensions over inequality in wealth now outrank tensions over race and immigration. But income inequality isn’t really the problem. A new upper class is the problem. And their wealth isn’t what sets them apart or creates so much animosity toward them. ✧ Let’s take a guy — call him Hank — who built a successful auto-repair business and expanded it to 30 locations, and now his stake in the business is worth $100 million. He is not just in the 1%; he’s in the top fraction of the 1% — but he’s not part of the new upper class…

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