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kleinbl00  ·  344 days ago  ·  link  ·    ·  parent  ·  post: Our broken economy in one simple chart

Piketty explicitly warned the middle class that they were an endangered species, a fragile thing that erupted to life in the wake of the French Revolution, had a brief boost of life after WWII but are historically an anomaly, a discontinuity in the general social order of very, very few rentier and an undifferentiated sea of nasty/brutish/short serfdom.

Up until 1861, the Russians could buy and sell 90% of their population.