Very good book ... highly recommend it .... Thomas Piketty shows - TopicsExpress



          

Very good book ... highly recommend it .... Thomas Piketty shows that two-thirds of America’s increase in income inequality over the past four decades is the result of steep raises given to the country’s highest earners .... He’s telling us that we are on the road not just to a highly unequal society, but to a society of an oligarchy. A society of inherited wealth ...the main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past ... so wake up citizens of the USA ... you are being duped hup.harvard.edu/catalog.php?isbn=9780674430006
Posted on: Sun, 31 Aug 2014 17:56:29 +0000

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