William Boyle’s Reviews > Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity > Status Update
William Boyle
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...An inherently flawed system?
"In his influential 2013 book, 'Capital In the 21st Century,' French economist Thomas Piketty argues that the return to capital is greater than the growth rate of the overall economy — and that wealth grows faster than income as a result.
This means that increasing inequality is the *inevitable* consequence of capitalism's historical evolution."
— Nov 17, 2015 09:56AM
"In his influential 2013 book, 'Capital In the 21st Century,' French economist Thomas Piketty argues that the return to capital is greater than the growth rate of the overall economy — and that wealth grows faster than income as a result.
This means that increasing inequality is the *inevitable* consequence of capitalism's historical evolution."
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