Why conservative billionaires have started talking like Bernie Sanders: “We are creating a caste system from which it’s almost impossible to escape”

Ken Langone, a co-founder of Home Depot, appears on the "Mornings with Maria" program, on the Fox Business Network, in New York Thursday, July 23, 2015. (AP Photo/Richard Drew)

Is there a growing fear among elites that they’ve pushed economic inequality too far. That fear is proliferating, according to a New York Times Op-Ed this weekend by former marketing conglomerate CEO Peter Georgescu. Joined by his friend Ken Langone,, Georgescu warns his fellow 1 percenters that “[w]e are creating a caste system from which it’s almost impossible to escape.” The column raises the specter of “major social unrest” if inequality is not addressed.

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Source: Salon
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