Piketty Puts Capitalism in the Crosshairs and Angry Yoga (tags)
The time is right for alternative economics, reducing working hours, community centers, free Internet books and redefining work, strength, health, happiness and success. More at www.freembtranslations.net, www.nextnewdeal.net, www.foreffectivegov.org, www.onthecommons.org, www.therealnews.com,
Thomas Piketty and the Growing Inequality in Capitalism (tags)
"When capital profit is permanently higher than the growth rate for production and income which was the case up to the 19th century, capitalism automatically produces unacceptable and arbitrary inequalities that radically put in question the achievement principle..."
The empirical-historical analysis of the top incomes and their wealth are in the center with Thomas Piketty's "Capital" (2014). The share of the top 10% was never below 60% from 1917 to 2012. A wealth tax is vital to reverse the exploding inequality.