As Professor Meade says , this is not the way to achieve economic equality for most of us , but for the Left this is a feature and not a bug . 

“Last year the US made great strides towards a more equal society: we cut the number of millionaires by more than 100,000. According to a study from the Boston Consulting Group, 129,000 evil US millionaires rejoined the ranks of the proletariat last year as the value of their stocks, cash and other non-business and non-property assets fell below the magic number.

4.3 percent of US households still qualify as millionaires by that measure, but OWS partisans shouldn’t despair. Perhaps with another few years of stock market declines, slow or negative economic growth and low interest rates we can take another big whack out of that number.”