<
https://www.nytimes.com/interactive/2022/04/03/magazine/thomas-piketty-interview.html>
"In 2013, the French economist Thomas Piketty, in his best seller “Capital in
the Twenty-First Century,” a book eagerly received in the wake of the 2008
economic collapse, put forth the notion that returns on capital historically
outstrip economic growth (his famous r>g formula). The upshot? The rich get
richer, while the rest of us stay stuck in the mud. Now, nearly a decade later,
Piketty is set to publish “A Brief History of Equality,” in which he argues
that we’re on a trajectory of greater, not less, equality and lays out his
prescriptions for remedying our current corrosive wealth disparities. (In
short: Tax the rich.) If the line from one book to the other looks slightly
askew given the state of the world, then, Piketty suggests, you’re looking from
the wrong vantage point. “I am relatively optimistic,” says Piketty, who is 50,
“about the fact that there is a long-run movement toward more equality, which
goes beyond the little details of what happens within a specific decade.”"
Via Bill Daul.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
