Not surprisingly but also sadly it takes a Nobel prize winning MIT professor named Robert Solow, or a previously mentioned Thomas Piketty, to warn you for the obvious future in which the very very few will rule the many. It of course was never any different (I mean: ever wondered who owns all the printed money and landmass?) but lately it is becoming abundantly blatant.
Why do you think the media addressed the recent Powerball lottery with a jackpot of more than a billion? I have my doubts that amount will in fact be paid to someone but besides that it is the term billionaire that sticks. Every amount less doesn't count these days.
Yet there is more than enough money to end poverty overnight when redistributed differently and with the mindset that poverty is a disgrace to mankind.
America as promoted is the land of the free and home of the brave but soon the whole earth becomes the world of the fee and home of the slave..and as always: simply reflecting our collective mindset.
The simplistic but venerated Piketty thinks and tries to convince us that all problems, no THE problem in the world is caused by unequal distribution of money. If he had done his homework right he could write about how that is merely a symptom and an EFFECT of the real problem.