4 ms·
The author disparages Piketty and then later quotes one of Piketty's essential principles[1] as fact: "The single most significant factor is that financial gro
by metalliqaz 7y ago
The author disparages Piketty and then later quotes one of Piketty's essential principles[1] as fact:
"The single most significant factor is that financial growth via capital ownership (what the rich do for money) always outstrips wage growth (what the rest of us do for money). Getting richer by owning stuff is always a better deal than trying to get rich by working for wages from the people who own stuff."
So what is the author even saying" Is it, "Hey, progressives are right to want to fix things, but we never will, so we may as well let the conservatives rat-fuck everything!" Is that it?
[1] Capital in the 21st century