I share the authors' concerns however I'm not so sure that investment managers can be relied upon to make the investment decisions they have described. Like the large bank executives, investment managers earn large sums of money and, I believe, are likely to identify with bank execs in that regard. People who earn huge amounts of money tend to rationalize their compensation. They believe they are worth it. In fact, Taleb makes this point in one of his books when describing successful traders. In fact, most of the people in a position alter the state of affairs in compensation disparity are the 'winners' in terms of power and/or money and would seem unlikely to want to change things. The remarkable thing is that America has lasted so long without the huge income gulf that exists in other countries. Not sure what the answer is, but I don't think it's from within the 'winners'.