> ...quantitative easing serve to benefit higher classes much more than others. While this is true, what it takes to route around this "power-law like attachme

> ...quantitative easing serve to benefit higher classes much more than others. While this is true, what it takes to route around this "power-law like attachment of nodes" that user orasis accurately described elsewhere in this thread has proven a maddeningly difficult problem to solve over the course of human history. The kind of top-down solution Piketty proposes ignores the kind of iterated game that plays out in the real world, and why the wealthy classes invest so heavily into political activity. It is not only relatively easy for the wealthy to eventually route around solutions like Piketty's, but even over the longer con subvert the original institutions into further means of command and control. There are interesting developments afoot for this dynamic in our current era, and part of the reason why forums like HN are so fascinating.