Derek Thompson wrote a post for The Atlantic this week entitled “Wealth Inequality Is a Problem, But How Do You Even Begin To Solve It?” inspired by a viral video called “Wealth Inequality in America” and a recent vote in Switzerland to restrict corporate pay. There are at least two problems with Thompson’s article. First, the very term “wealth inequality” and second, his less than enthusiastic reference to the “returns of globalized capitalism,” a sentiment more obnoxiously expressed in the way the video he embedded put facetious quotation marks around “dreaded’ socialism” to hint that such a system has actual merit as an alternative to capitalism.