Thomas Piketty

mai 8, 2014

What’s really new about “Capital in the Twenty-First Century,” the new book by the economist Thomas Piketty , is the way it demolishes that most cherished of conservative myths, the insistence that we’re living in a meritocracy in which great wealth is earned and deserved. Don’t call them the 1 percent, or the wealthy; call them “job creators.”

What’s really new about “Capital in the Twenty-First Century,” the new book by the economist Thomas Piketty , is the way it demolishes that most cherished of conservative myths, the insistence that we’re living in a meritocracy in which great wealth is earned and deserved. Don’t call them the 1 percent, or the wealthy; call them “job creators.” But how do you make that defense if the rich derive much of their income not from the work they do but from the assets they own?