Wealth Inequality Misunderstood...

There is a constant drum beat having to do with "Income Inequality". The policy solutions typically are...better training and education for the poor. Early childhood ed, pre-natal care, etc. are all great goals and should become standards. Unfortunately, this will not solve the long-term systemic problem. The problem stems from the fact that wealth is fundamentally created by asset appreciation (business, real estate, capital portfolio, copyright/patents, etc.). The vast majority of income earners do not participate as investors in IPO, Mergers & Acquisitions, Patents or Hedge Fund appreciation. The vast majority lack the talent of professional artists and athletes.(Many hedge funds as Real Estate Investment Trusts own large apartment complexes all over the nation. Their investors tend to be in the top 9% of earners using their surplus income (often pension monies)--over and above maintenance costs--to invest and pool their monies. I've owned businesses. I've contributed to them and have been reimbursed, sometimes without drawing salary out. Too many loopholes still exist for the super-rich. Capital Gains (15%) versus Income Tax/Fed-State (29+%): Rate Differentials: Home ownership for parents should be a singular focus for policy makers...which also means keeping people in their homes and not allowing predatory lending.Pay day lending should be banned. Asset ownership, and the market value appreciation it affords, is the key to building wealth. For non-homeowner wage/salary earners, their only way to save is through retirement planning which includes payroll contributions and after tax savings (which for the most part is not there). And in this highly expensive housing environment (nationally), wealth building is extremely difficult unless one is a highly trained/highly skilled knowledge worker within a tech start-up or the medical industrial complex, etc. Knowledge workers are in all industries. Still the argument is...let's teach STEM and produce knowledge workers capable of working at start-ups, soon to go public (IPO) and thus create wealth. It's idealistic, given so many start-up failures. Asking everyone to become entrepreneurial is unrealistic. The Green New Deal holds promise because it potentially means jobs for knowledge workers entering the workforce. Yet who actually harvests most of the wealth from such start-ups? Answer: It's the Private Venture and Vulture Capitalists that take the lion's share of the gain once a stock IPO's. None of the current candidates (absent Yan) have even started to really drill down on this. E. Warren wants a wealth tax, but that will be hard to calculate, especially with hedgefunds that have anonymous LLC investors. Bernie sees abuse in most private sector vertical integration. (Forget Medicare For All without a gradual phased transition.) What's the real solution? Recirculation of capital is key. Capital must flow (like water) from the top to the roots of the tree, like a recirculating fountain, even though risk is greater there. Such funds must be allocated and dispersed enough to mitigate risk, perhaps in Public-Private Trust partnerships, among other technical models. It's out there folks. We have the brains on Wall Street and Academia to solve these problems. Can we find a coordinating principal to drive this. We can bring the folks at the bottom up and make them stakeholders in society. But it does involve reforming modern capitalism, whose efficiencies are so excessive that the results even overwhelm public funding mechanisms.