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Piketty loves to make fun of this sort of research because the hypothesis they’re disproving has been disproven a hundred times in very simple, empirical ways.
by wunderland 3y ago
Piketty loves to make fun of this sort of research because the hypothesis they’re disproving has been disproven a hundred times in very simple, empirical ways. But we have to pretend we’re diligently narrowing down the culprit at the heart of wealth inequality, knocking off potential causes one by one.
Must be maddening working on a paper like this. Wealth equality is a necessary feature of our economic system yet very serious people pretend like labor can somehow pull themselves up by their bootstraps.
- prox 3y agoIsn’t that how science works? Or do you mean the political implications of these papers?
- wredue 3y ago[flagged]
- 111111IIIIIII 3y ago[flagged]
- _2z1p 3y ago> Wealth equality is a necessary feature of our economic system yet very serious people pretend like labor can somehow pull themselves up by their bootstraps. How is wealth equality a necessary feature of capitalism when there has never been wealth equality in the history of human existence? Also, labor has pulled them themselves up by their bootstraps many times. It is possible, just simply not likely or common. Exhibit A: Andrew Carnegie: https://en.wikipedia.org/wiki/Andrew_Carnegie https://en.wikipedia.org/wiki/Andrew_Carnegie Exhibit B: J.K. Rowling: https://en.wikipedia.org/wiki/J._K._Rowling https://en.wikipedia.org/wiki/J._K._Rowling