PRODUCING SUPERIOR THINKING TO IMPROVE NOT JUST WORLD SOCIO-ECONOMY, BUT SURVIVAL:
Capital Exponentiate, Decapitate Wealth To Feed Minds:
Piketty’s “Capital In the XXI Century” argues that the return on capital is greater that that on labor: r;g. All economists from the pseudo-left fell on their knees, astounded by the depth of that observation. They obviously never studied history, let alone archeology.
In truth, Piketty’s big deal inequality, that r;g has been known for 12,000 years, as I have emphasized in countless essays, for years. I have even explained the mathematical-psychological reasons why r;g. Piketty has smirked that he discovered r;g when he wrote the book. (A case of arrogant ignorance buttressed by colossal stupidity: that r;g ought to have been the first law of economics. That it took centuries for economists to discover this cannot possibly be a matter of stupidity, but of the will, on the part of economists of not understanding how the masters who fed them got their power from.)
So Piketty claims he just discovered that r;g: maybe economists are not idiots, but they play some on TV? (Some are bound to think that Piketty should be my ally, and thus I should be nicer to him; however, correct philosophy tends to be done by being only friendly to truth.)