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You should probably read some Piketty. There is absolutely nothing which structurally ensures that the wealth created by capitalist pursuits will be distributed
by nwiswell 4y ago
You should probably read some Piketty. There is absolutely nothing which structurally ensures that the wealth created by capitalist pursuits will be distributed sufficiently to ensure that standards of living will increase for everyone, and in fact there are a lot of reasons to believe that the past century was an anomaly in that regard.
- andsoitis 4y agoWhy does Pikkety think that capitalism is not the major engine that has been increasing the standard of living for people worldwide? Does he think something else has been the essential motor behind that improvement in the material condition of humans around the world?
- nwiswell 4y agohttps://hbr.org/2014/04/pikettys-capital-in-a-lot-less-than-696-pages https://hbr.org/2014/04/pikettys-capital-in-a-lot-less-than-...