Pikettys argument in four bullet points - what do you think? - The ratio of wealth to income is rising in all developed countries. - Absent extraordinary interventions, we should expect that trend to continue. - If it continues, the future will look like the 19th century, where economic elites have predominantly inherited their wealth rather than working for it. - The best solution would be a globally coordinated effort to tax wealth.
Posted on: Sat, 12 Apr 2014 15:54:23 +0000
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