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Scoop.it!
Nobel Prize -winning economist Robert M. Solow has leveled a blast at a recent attempt by Harvard economist N. Gregory Mankiw to explain rising income inequality and the primacy of the 1% in the U.S. as the result of "just desserts" going to the talented people making important economic contributions to society. 
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While we certainly need innovation to tackle our vexing sustainability crises, the "one percent" are certainly more often a hinderance rather than a assistance in these matters. At least in my opinion. I do not find many "one percenters" or five or ten percenters for that matter in the cue to assist with new technological innovations that can bolster sustainability. But I do find many of them on the status quo tip, arguing against technological or policy innovations to bolster sustainability. Be it wealthy mining heiresses in Australia or fossil fuel advocating industrialists, most are actively seeking to hinder or reverse gains in environmental protection and social justice. Unfortunately I concur that most of the ultra rich are indeed more Jamie Dimond and less Steve Jobs.