Doctorow on Piketty: r > g, or how wealth usually concentrates, how it didn't in the previous century, and how we're steady back to normal from that exceptional period. And how and whether a 1-2% wealth tax would suffice to fix it.
Thomas Piketty's 2013 unexpected bestseller (a 750 page economics book translated from French!) *Capital in the 21st Century*, offers a very convincing explanation of our political decay, and it continues to serve this purpose as the decay undergoes alarming acceleration:
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
