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Thomas Piketty on the Politics of Equality

Conversations with Tyler

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The Idea of a Minimum Inheritance to Improve Equality of Opportunity

If you look at the distribution of weals, what's very striking is that 10% share as decline in the long run in acive to be 18 90 % of the totol in the nineteenth century. In europe an the us, it would be morea 60, 70%. People can disagree able te details, but tis are details as compared to this order of manitude. And i think it's very complementary to contol capital and human capital. For people whoare at zero, you know, having 102 hundred, you put you in a position, in terms of bargaining, toer vie the rest of society. It is very different.

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