Key Ideas

1. Wealth and income inequality have been increasing in modern societies.

In this book, Thomas Piketty argues that wealth and income inequality have been on the rise in modern societies. He provides extensive historical data to support his claim, showing that the wealth of the top 1% has been growing at a faster rate than the rest of the population.

2. Capital accumulation plays a significant role in inequality.

Piketty argues that the accumulation of capital is a major driver of wealth inequality. He highlights how the rate of return on capital tends to exceed the rate of economic growth, ....
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Quiz