【摘要】距2020年MBA研究生招生考試僅剩30多天，小編溫馨提醒您的備考時間已經不多啦。在最后的30多天里大家一定要戒驕戒躁好好沖刺呀，不論是綜合還是英語都要按照計劃有條不紊地進行，調整好自己的備考節奏，不要輕易被別人影響。以下內容是2020年MBA考試考前英語外刊閱讀（二）。
Billionaires are only rarely policy failures
Bashing billionaires is gaining popularity—especially among candidates to be America’s president. Elizabeth Warren wants to take up to 6% of their wealth in tax every year. Bernie Sanders says they “should not exist”. In Britain’s election, too, the super-rich are under fire. Jeremy Corbyn, the leader of the Labour Party, says that a fair society would contain none.
Left-wingers blasting inequality is nothing new. But the idea that vast personal fortunes are made possible only when government goes wrong is a more novel and serious idea. Facebook and Google dominate online advertising; Warren Buffett likes firms with “moats” that keep rivals out. About a fifth of America’s billionaires made their money in industries in which government capture or market failure is commonplace.
When capitalism functions well, competition whittles profits away for some but also produces them for others as entrepreneurs seize markets from sleepy incumbents. This process creates vast benefits for society. Between 1948 and 2001, innovators captured only 2% of the value they created. Perhaps that is why billionaires are tolerated even by countries with impeccable social-democratic credentials: Sweden and Norway have more billionaires per person than America does.
文本選自：The Economist(經濟學人)
板塊：Leaders
原文標題：Billionaires are only rarely policy failures
