People forget the lessons of the past unless they can live through it and understand why things changed. There will also always be a group of people who will not do as well as other groups and due to the bell curve that group might be a large one if the system does not cater to those who are less fortunate.
In order to create a system that works well one needs to figure out how to make a large majority of the group relatively if not real happy with the new system when comparing it to their memory of past systems.
The biggest problem with democratic politics is that you have a hard time getting everyone on a single side because everyone is biased to what they want.
If I was to try to predict what stocks are going to do well I would follow - (Warren Buffet) Buy the company who has a good track record and is continually making sound decisions.
Inequality - How do we equalize to a point where we have made the majority happy while not stepping on the toes of the rich? Figure out what your rich want. Figure out what you need to do to get the rest of the world equally happy.
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