2 thoughts on “Why Piketty’s socialist manifesto doesn’t stack up”

  1. Posted 06/05/2014 at 14:20 | Permalink

    It’s gratifying to see the oligarchs are getting nervous.

  2. Posted 06/05/2014 at 20:39 | Permalink

    “As Margaret Thatcher understood, most people don’t resent wealth, but aspire to it.”

    Actually it seems to me a peculiar characteristic of modern day Brits (or perhaps Europeans) is that they aspire to wealth for themselves but resent it in others. This certainly seems true for the lavishly wealthy metro-leftists who have heaped so much praise on this book without stopping to ask whether we should care one jot about increasing inequality (we should not) – they have plenty of money themselves (very often inherited) but seem to find it quite vulgar for anyone else to want to enjoy similar living standards.

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