3 ms·
That is invalid framing of the issues. We know from Picketty's study of Capitalism that capital accumulates because returns on capital are higher than not and
by m0llusk 1y ago
That is invalid framing of the issues. We know from Picketty's study of Capitalism that capital accumulates because returns on capital are higher than not and from Turchin's work on Cliodynamics that inequality drives social breakdown and chaos. One does not celebrate the creation of wealth by enabling society to crack and crumble.