[bongobongo]

Just because people have money to burn does not mean they earned it or acquired it through hard work and good thinking. Most people with money are absolute idiots just like everybody else. In fact, in many cases, and especially with wealth inequality as it is, they can afford to be stupid.

I am not joking-- I'm willing to bet that there is a direct correlation between inequality and stupid products/business models making it to market. When you can just keep trying new things until something sticks, you're not going to try very hard or act with much caution.