All this has a bearing on the speech made on Tuesday night by the chancellor, George Osborne, the one in which he warned against the current furore creating "an anti-business culture" in Britain, which would undermine wealth-creating enterprise.
EU policies still require greater finesse to ensure that developing states are helped into global markets in a way that does not undermine local wealth generation.
"We are relying too much on consumer spending," said Edward McKelvey, a senior economist at Goldman , Sachs "and we are seeing enough stock market weakness to undermine the wealth effect that has sustained consumption".
But if dot-com rage turns out to be a factor in last week's attacks or others, I believe it should be seen not as a Robin Hood strategy to undermine the wealth of the e-commerce barons, but as a political statement akin to the protests in December in Seattle.
Abadi has pledged to battle corruption and on Thursday proposed a cabinet reshuffle aimed at weakening patronage networks, but he faces resistance from politicians who fear reform would undermine their wealth and influence.
Declining home ownership among the young also undermines wealth equality.
And the lack of privileged communication, at some level, undermines wealth management.
Taxes were kept high, undermining the wealth of the elites.
Now, Mr. Obama is hoping that the same message will be effective for a broader audience as his campaign seeks to emphasize Mr. Romney's personal wealth and undermine his business expertise.
A spokesman for SEIU, Andrew McDonald, told Dealbook that this is not the first time that Mr. Stern has agreed to speak at a conference in which the union disapproves of one of the corporate sponsors and that he will carry the union's message that private equity and sovereign wealth funds undermine respect for workers' rights.
Those decisions have bestowed on corporations and the rich the power to use their massive and concentrated wealth to undermine our Constitution, pervert our laws and enfeeble our people.
