Candid Wall Street barons worry that GOP tax plan will lead to literal euthanasia of the rentier

In 1936, John Maynard Keynes suggested that a fair economic system would lead to "the euthanasia of the rentier, and, consequently, the euthanasia of the cumulative oppressive power of the capitalist to exploit the scarcity-value of capital" -- implying that we have a choice between fairness and extreme wealth, and that the two couldn't peacefully co-exist. (more…)