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satvikpendemtoday at 2:03 PM1 replyview on HN

Thomas Picketty does indeed argue in Capital in the 21st Century that the post World War 2 period is indeed an exception in terms of inequality being lower while historically it is not, and it is reverting back to the mean of there being more inequality these days, yet people bemoan the idea of not being able to live off a single job when in reality that was never guaranteed.


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EMIRELADEROtoday at 2:13 PM

Still, that's no reason to accept a return to that state of affairs. Progress happens slowly and imperceptibly, but on a grand scale it does happen.

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