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Agreed. I think it's a great coup that the truly powerful have managed to shake the narrative to the 1% rather than the 0.1% or 0.01%, thereby adding significan
by hkmurakami 11y ago
Agreed. I think it's a great coup that the truly powerful have managed to shake the narrative to the 1% rather than the 0.1% or 0.01%, thereby adding significant noise to the problem framework.
- themgt 11y agoAbsolutely, but also as barrkel points out, talking about income rather than wealth, which is much more important - referencing Piketty while purposely failing to address his actual thesis, which was almost wholly about wealth rather than income: r > g