We Are Going Nowhere If We Don't Address The Problem [View all]

This from an AI search of Piketty who wrote about the perils of income inequality.

Inequality Regimes: Piketty introduces the concept of "inequality regimes," which refers to the justifications and institutional frameworks that sustain inequality in different societies. He argues that these regimes can change rapidly due to political mobilization and social movements, as seen in countries like Sweden and the U.S. during the 20th century.

Wealth Concentration: A central theme in Piketty's work is that wealth concentration is not merely a result of market forces but is deeply rooted in political ideologies and institutional arrangements. He advocates for progressive taxation and policies aimed at redistributing wealth to address these disparities.

Implications of Piketty's Research
Piketty's findings have significant implications for contemporary economic policy. He argues that without addressing the structural causes of inequality, societies will struggle to tackle other pressing issues, such as climate change and social justice. His work calls for a reevaluation of economic systems and policies to promote greater equality and sustainability.

In summary, Piketty's research provides a comprehensive analysis of the historical and systemic factors contributing to economic inequality, advocating for informed policy changes to create a more equitable society.

The 3rd rail that most politicians are afraid to touch.

Bernie Sanders gets it, and has spent most of his long life preaching about the perils of income inequality.

Related to income inequality is crony capitalism where the end result is monopolies. Dylan Ratigan preached about this on MSNBC until he stepped on too many big toes and got fired.

The billionaires who own the politicians are the problem, and now Krasnov has taken the next step by putting those billionaires into his cabinet. Anyone seen any data on income inequality under Krasnov's reign?