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1 in 4 Americans employed to guard wealth of the rich
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Merrick
Merrick
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1 in 4 Americans employed to guard wealth of the rich
Feb 08, 2010, 21:05
"Bowles argues that the wealth inequality created by strict market economics creates inefficiencies because society has to devote so much effort to stopping the poor from expropriating the rich. He calls this 'guard labor' and says that one in four Americans is employed to in the sector -- labor that could otherwise be used to increase the nation's wealth and progress."

http://www.boingboing.net/2010/02/05/santa-fe-institute-e.html
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