5 ms·
> The gains are going massively onto the people who already own capital. That's the engine of inequality. This is a main point in Capital in the 21st Century b
by fumplethumb 10y ago
> The gains are going massively onto the people who already own capital. That's the engine of inequality.
This is a main point in Capital in the 21st Century by Thomas Piketty. He explains the capital/income ratio and its effects on the economy. Decent write up here: http://www.robertdkirkby.com/blog/2015/summary-of-piketty-i/ http://www.robertdkirkby.com/blog/2015/summary-of-piketty-i/