The wealthiest 10% of Americans own a record 89% of all U.S. stocks

Re:The wealthiest 10% of Americans own a record 89% of all U... by nemothekid on Monday October 18, 2021 @12:51PM (#28907652)

It's literally the basis for Thomas Piketty's 'Capital in the Twenty-First Century'. It's a dense book, but widely acclaimed. It was also published 8 years ago and the claims aren't controversial.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by mediascreen on Monday October 18, 2021 @02:08PM (#28908870)

To say it's not controversial seems misleading. It may be widely acclaimed, but also hugely criticised. Wikipedia has a short collection of the criticism.

https://en.wikipedia.org/wiki/Capital_in_the_Twenty-First_Ce...

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Re:The wealthiest 10% of Americans own a record 89% of all U... by sudosysgen on Monday October 18, 2021 @02:18PM (#28909129)

There are very few critiques of the empirical assertion that the capital share of the economy is not increasing, though. Most are on other parts of his thesis or argument.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by diordiderot on Monday October 18, 2021 @07:43PM (#28913268)

There are critiques of anthropogenic climate change and the addictive nature of nicotine

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