Thomas Piketty shows that inequality is driven by two - TopicsExpress

Thomas Piketty shows that inequality is driven by two complementary forces. By owning more of everything (capital), rich people have a mechanism for getting ever richer than the rest of us, because the rate of return on investment is higher than the rate of economic growth. At the same time, wages for middle and lower income Americans are sinking, driven by factors also largely under the control of the wealthy. The short version: A rising tide lifts all yachts.

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