The economist Thomas Piketty XXXXXXXXXXin his book Capital in the Twenty-First Century argues that as long as the rate of growth of capital increases faster than the rate for wage income, inequality...


The economist Thomas Piketty (2014) in his book Capital in the Twenty-First Century argues that as long as the rate of growth of capital increases faster than the rate for wage income, inequality will increase (e.g., the rich will get richer, and the poor will get poorer). He does cite the Bourdieu argument that educational inequality is part of this process. How did your parents support your education? Is there a difference in education between those who want it to lead to a job and those who just want to be an educated person? What kind of college or university would you choose if your goal was to be an educated person versus getting a job? If your wealth is inherited, do you need a job?



May 19, 2022
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