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A comment on Economic Pessimism Growing in U.S.. Parent comment

Re:Economic Pessimism Growing in U.S. by blackbear_ on Tuesday May 31, 2022 @03:29PM (#31573823)
> Assets grow faster than wages.

This is the central theme of Piketty's "Capital" book, for anybody interested in exploring this further. This is also a good start: https://hbr.org/2014/04/pikettys-capital-in-a-lot-less-than-...

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Re:Economic Pessimism Growing in U.S. by guerrilla on Tuesday May 31, 2022 @03:46PM (#31574006)
Not quite, but close. Piketty's thesis is that the rate of return on investment is higher than the growth rate and that this drives inequality. Asset prices growing faster than wages is a partial explanation for that.
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