AP — Thomas Piketty: Extreme Income Inequality Is 'Completely Useless'

In an interview with The Associated Press, Piketty, 42, held forth on the "dangerous illusion" of the meritocracy, why China is unfairly blamed for flat U.S. wages and his fix for limiting inequality.

Here are excerpts of the interview, edited for length and clarity:

The Huffington Post
Thomas Piketty: Extreme Income Inequality Is 'Completely Useless'
Bernard Condon And Christopher S. Rugaber And Josh Boak, AP