Once the intellectual, politician or man of general ambition saw the rich man achieve distinction without effort and in contrast with his own struggle. He reacted by helping to focus the resentment of the community as a whole. Now he saw the man of wealth forced to compete for his honors. In this competition, the rich man retained undoubted advantages, but he did not automatically excel. Nothing could operate more effectively to dry up the supply of individuals who otherwise would make an attack on inequality a career. By graduating into the ranks of the professional managers, and after making
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