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The Context Of Things

Thomas Piketty got a lot of attention, both good and bad, for his latest book. If you’ve never read it (admittedly, I have not either), the central idea is that, in capitalist economies, wealth will naturally concentrate in the hands of a few people because the return on capital investments typically exceeds standard economic growth. Because visuals are always good, here’s one of the many charts he uses in making his point:

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