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kleinbl00 · 2893 days ago · link · · parent · post: World's eight richest people have same wealth as poorest 50%
Thanks to the wonders of compound interest, you're either going to be on the long tail of never getting ahead or the rapid ski jump of wealth accumulation. If we, as a society, want to prevent that we need to tax the rich more. Full stop. The TL;DR of Piketty's Capital is Rich will get richer And the poor will get poorer Unless you fight hard