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I haven't read Piketty, but Google Books allowed me to read a few pages to make sure that quote wasn't taken out of context. So I agree that "None of this is false," but I question the value of measuring welfare by asking what percentage of the total someone holds, rather than more direct measures of life quality, like food, shelter, and health. I also agree that wealth naturally accumulates unless checked by policy. That is precisely why "The target of reducing extreme poverty rates by half was met five years ahead of the 2015 deadline."