[alexasmyths]

Doctors and Executives are not 'pyramid schemes' in any sense of the word, and profs at elite universities represent a very small economy.

'Management' is a skill, not a 'market manipulation' and a very difficult skill at that.

Most of these 1% work huge numbers of hours, typically had to work pretty hard through school, and are smart and talented people - even if there is shifty stuff here and there, and a lot of 'born in the right family luck'.

I don't know any successful people who are fools who just lucked out through life. They're all pretty amazing.

[ckip]

Management is a skill. Moving up the totem pole to executive at increasingly senior levels is political games. It's a skill, but not one that contributes to economic output.

Founders excluded, of course.