You look around. Some people are rich, even very rich, and others are poor. Most are somewhere in between. It’s not equal, but you think this is how it has to be if we're going to reward talent and enterprise so that all of us can ultimately benefit.That's the simple conceptual model of democratic capitalism that conservatives want you to believe. Piketty shows that there's more to it than this.
EconoSpeak
Piketty for Dummies
Peter Dorman | Professor of Economics at Evergreen State College
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