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> No, Piketty showed that inequality is getting worse in the West. Yes, I know. I was alluding to the following sentence: "Until this new Asian labour is wholl
by bildung 11y ago
> No, Piketty showed that inequality is getting worse in the West.
Yes, I know. I was alluding to the following sentence: "Until this new Asian labour is wholly absorbed and its wages rise to Western levels, U.S. and European unskilled wages will remain depressed and the share of profits in value added will rise." - The author here talks about inequality in the West.