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Current Events » in reply to Study - The US is an oligarchy, not a democracy.

Piketty

Piketty’s foreboding vision of the twenty-first century: slower growth of population and productivity, a rate of return on capital distinctly higher than the growth rate, the wealth-income ratio rising back to nineteenth-century heights, probably a somewhat higher capital share in national income, an increasing dominance of inherited wealth over earned wealth, and a still wider gap between the top incomes and all the others.

http://www.newrepublic.com/article/117498/pikettys-capital-sold-out-harvard-press-scrambling

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