Since the 1970s and 80s, we have returned to the "natural" state of capitalism. Wealth is once again accumulating at the top faster than most people's wages can grow, threatening to recreate a world where inherited status matters more than merit. The Recommended Solution
Before the 20th century, a tiny elite owned nearly all the wealth, as seen in the novels of Jane Austen and Honoré de Balzac . In these societies, inheriting a fortune was a far more reliable path to success than working for a salary.
To prevent a slide back into extreme inequality that could destabilize democracy, Piketty proposes a . He argues that because capital can easily move across borders, countries must work together to ensure that the "rentier" class contributes fairly to the society that supports their growth.
)—profits, dividends, and interest—tends to grow faster than the overall economy (
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Steff Joined: Oct-20-2016 |
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Since the 1970s and 80s, we have returned to the "natural" state of capitalism. Wealth is once again accumulating at the top faster than most people's wages can grow, threatening to recreate a world where inherited status matters more than merit. The Recommended Solution
Before the 20th century, a tiny elite owned nearly all the wealth, as seen in the novels of Jane Austen and Honoré de Balzac . In these societies, inheriting a fortune was a far more reliable path to success than working for a salary. El capital en el siglo XXI
To prevent a slide back into extreme inequality that could destabilize democracy, Piketty proposes a . He argues that because capital can easily move across borders, countries must work together to ensure that the "rentier" class contributes fairly to the society that supports their growth. Since the 1970s and 80s, we have returned
)—profits, dividends, and interest—tends to grow faster than the overall economy ( In these societies, inheriting a fortune was a
