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Monday, May 26, 2014

It is not just Canada but the new World order.... destroying the working class

Thomas Piketty and the economics of inequality

Author of Capital in the Twenty-First Century wants to right the balance with progressive taxation

University of Paris economist Thomas Piketty has tapped into the global debate about wealth inequality with his book Capital in the Twenty-First Century.

Piketty’s argument is that capitalism, with its impetus to innovation, is by and large a good thing, but it’s taken a wrong turn somewhere in the past 30 years, as an increasing amount of the growth of modern economies has gone to the people at the top.

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