A great op-ed in The Guardian by Heidi Moore on Thomas Piketty’s book “Capital in the 21st Century” which has made Piketty a “rock-star economist”.
It argues that the “American Dream” and meritocracy are not the rule but the exception in Western history among other things that are sure to bring us all down.
The op-ed lists more points made in the book and gives a good summary than that is simplistically listed here. So go read it and, in the interest of full disclosure, I just got through the introduction of the book and it is pretty f’n good.
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