"Too often, those on the right seem to believe that American capitalism is perfect, rewarding entrepreneurs, businessmen, and all Americans in proportion to the value they create. In short, they believe that America is all Steve Jobs and no Occupy Wall Street. On the other side of the aisle, the left often appears to espouse the position that all that is earned must have been earned illicitly, by taking advantage of someone else. They advance the notion that America is all Occupy Wall Street and no Steve Jobs.
"The lesson our society and our politicians need to take from yesterday's news is that American capitalism is both Steve Jobs and the Occupy Wall Street movement. Business, big business, and capitalism are good to the extent that they function in a system that doles out rewards for the creation of value. And they fail when rewards are given independent of the value that institutions create. Policy makers on both sides of the aisle would be wise to recognize this and craft policy that will allow rewards to flow where value is created."