Populist rage on Wall Street taps into cultural ambivalence about wealth

The bonus brouhaha has launched a populist rage about the wealthy and the uberwealthy. But the anger is misplaced — we shouldn’t be going after the Wall Streeters who for the most part collected many fewer dollars in 2008 — if they still had jobs. We should be angling for much bigger fish. Read about it in my column on pajamasmedia.com.

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