It’s clearly the case for since the 70s as well. In an interview, Nobel prize-winning economist Joseph Stiglitz (who served under Bill Clinton) criticized Pike

It’s clearly the case for since the 70s as well. In an interview, Nobel prize-winning economist Joseph Stiglitz (who served under Bill Clinton) criticized Piketty [0] of overemphasizing the increase in concentration of wealth, and this was on the basis that the current increase in wealth stems from an increase in land value. [0] https://www.salon.com/2015/01/02/joseph_stiglitz_thomas_piketty_gets_income_inequality_wrong_partner/ https://www.salon.com/2015/01/02/joseph_stiglitz_thomas_pike...