Due to the current government, I'm not going to believe that is true until after the TPP is out.
I believe you mean is.
It's perfectly normal. Been happening for thousands of years. Your forgetting that these are people, not a bell curve.
I wonder what a society and economy would look like if wealth was capped at $50,000,000 for companies and individuals. I have never found any study investigating this and I believe it would be an interesting read at least. Something along the lines of;
1) No individual or company may hold more than $50,000,000 worth of assets.
2) If a company reaches $50,000,001 it must split or become government property.
3) If an individual reaches $50,000,000 then all property over $50,000,000 becomes government property.
I would be interested to see what people think would happen, if anyone is keen to have a go.
No where yet in this conversation have I seen anything about the people failing. According to this website, nearly a third don't make it through to the second year. This leaves them with the debt, but none of the benefit.
In my own experience, many of the people I saw dropping out of tertiary education (in NZ) did so because of external pressures. Everything looked OK on paper and they were encouraged by society and the state to enroll but it only took a little change for things to go wrong. Arguing with your parent and having to leave home, a break up in a relationship and the depression afterwards, pregnancy, abusive families and relationships, losing a part time job, mental health problems (especially in the medical sector, where having a mental health problem can prevent you from ever working in the sector), drug addiction, travel problems
It isn't a court. It's a quasi legal jump through these hoops before you can go to court so we can settle your case at a lower cost to the government.
Firstly you go to the ERA then to the Employment Court.
"What man has done, man can aspire to do." -- Jerry Pournelle, about space flight