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Pikety: A Summary Of Third Pikeitty

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Pikety: A Summary Of Third Pikeitty
Third, Piketty stresses that the richest 1 percent enjoyed similar distance from the rest of us throughout most of capitalism's history. The only period in which the capital-income ratio becomes more equal and the dominance of inherited wealth diminishes in the rich countries as a whole is that between the beginning of the First World War in 1914 and the mid-1970s
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