Re:20 year study of global wealth demolishes the myth of ‘tr...
by pydry on Wednesday December 08, 2021 @07:24AM
(#29483890)
Thomas Piketty's work is surprisingly banal. If you've ever heard anybody with money talk about "the magic of compounding" they're essentially saying the same thing he demonstrated with a huge pile of data, except on a personal, rather than societal level.
It's controversial solely for the same reason global warming is - it threatens wealth.
It's controversial solely for the same reason global warming is - it threatens wealth.