6min chapter

Macro N Cheese cover image

Billionaires As Policy Failure Factories with Cory Doctorow

Macro N Cheese

CHAPTER

Piketty's Wealth Inequality

Piketty: As these great fortunes grow, the bad ideas of rich people become more and more central to how we live our lives. He says that if this goes on long enough, eventually your society becomes so unstable that it falls apart. And his example is the French Revolution, but also World War I and World War II, which he attributes to this kind of wealth inequality. A lot of people whose most fundamental need apart from food and water is being made monotonically worse with every passing day because of the bad idea of rich people.

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