Kissing The Whip: Academic Edition

Here's another mouthpiece trying to get in his licks with the bosses in this age of New Feudalism that the conservatives have been so eagerly trying to install since Raygun.

Former Bush Economist Defends the 1 Percent | The Business Desk with Paul Solman | PBS NewsHour | PBS:

...Few people, Mankiw explains, would realistically accept this arrangement; people have rights to their organs, so don't they also have rights to "the fruits of (their) own labor?" In his alternative to the social contract understanding -- what he calls his "just deserts" perspective -- the kind of government redistribution seen in places like France, where president Francois Hollande has proposed a 75 percent tax rate on top earners, is "unjust...

The argument falls apart because society has nothing to do with your organs; whereas, society has everything to do with the creation of wealth. I have yet to see an argument justifying greed and the New Feudalism that was based on a solid foundation.