This was stated by Jesse Myerson, one of the leaders of the failed Occupy Wall Street Movement and now a writer for Rolling Stone Magazine. Obama, head of the regime and Marxist/Progressives declared his support for this movement. The planks of the movement were for the most part what Karl Marx said was necessary for his transformation to a classless society. What we know about Marxist/Progressives is they will use declarative words without any definition or clarification. Obama has also reminded us they will not only use language for the purpose of misleading, they will knowingly and willing lie to move ahead their agenda.
Obama and other Marxist/Progressives are using their new buzz word income inequality incessantly. As is so often the case, the declared but not committed conservatives such as McCain, Boehner, McCarthy and the others begin using these terms as accepted characterizations but with no definition. Please tell me, at what point is the difference socially unjust? Is it inequality in rewards received or effort and productivity?
Now we have Myerson telling us what the purpose of the financial sector is. Please, according to whose definition? Besides, what is surplus the whole economy has generated? Is it anything over the amount he earned, the amount the unions received or some other nebulous amount? More importantly perhaps is who is to define what is the most socially valuable use? Many of us might believe it would be drilling for oil on public lands. Others might believe it is providing loans to capitalists for research and development. And yes, others might believe it is to reward people who have decided working and being productive is not conducive to a socially just society.