And yet a larger percentage of the capital is concentrated in a smaller percentage of the population. I think about life in the arts—in the first half of the century it used to be that a talented writer or musician could make a living with their art. Not necessarily a huge amount of money, but something that could provide at least a middle-class level of living. Now a smaller number of writers or musicians make mind-numbing amounts of money while the vast majority of writers and musicians cannot make a living from art. We’re seeing a concentration of the rewards in everything into fewer and fewer hands while most get very little.