Thomas Piketty Debates Bain Capital's Edward Conard

Look at living standards in US vs Germany, Japan, Switzerland, Norway, Sweden. Then you get your answer. Different choices, different results. Just saying. As said only stupid people refuse to learn from those who do certain things better.

You are I'll... How much more anti capitalism can you be....
 
Pickett is a socialist.. I've read his book.... He is pro destructionism through big government socialism.... Complete hack. I've read his book...
You are not catching on. Stop and think a little more deeply, please. I am a capitalist, and I believe that a capitalist economic system works best for all. Your thinking, if shared by many others, is going to destroy capitalism!
 
not judging from my CV. But I guess yes I am an intellectual socialist. I do believe the middle class was robbed off many opportunities. I am strongly against free-wheeling capitalism, out of bounds, without sufficient safe guards and regulations (stress "sufficient", not saying "not enough")

Your a socialist.. bottom line... The
 
Why didn't he mention that democracy is a big part of the problem, state feeds the youth an education and medias that will model their way of thinking, especially in places where entertainment and education are heavily subsidized (in most countries actually, for very good control reasons) than they get to vote through the thinking instilled to them. Democracy feeds status quo. When it's a culture of parasitism like in France, solutions proposed usually include higher taxes and guys like Piketty are hailed as heroes. Shame.

Not that dictatorships don't control the education and media, but at least if the people in power decide to give a new direction to the country they can do it without the need to change the minds of their citizens before the next élections, which is not long enough to avoid beeing kicked out of power..

Last few decades have shown big successes from non democratic countries, in the Middle East and Asia, not sure they have anything to envy to western democracies as a political model.
There is no question that democracy is at risk in any country where the population is poorly educated, and therefore less questioning and more easily swayed by those who seek to control public opinion for self-serving purposes. And here, by "education," I mean education in the broad liberal arts sense; not job training.

I am a advocate for democracy; consequently I must also be a strong and persistent advocate for strong, effective, universal, public education. Though good public education may seem expensive, it is actually free in the sense that its return will exceed its cost. It is arguably the best investment that any democratic nation can make.

When we hear from those in power that the poor do not need to be educated, as we are hearing from the new leaders in Brazil, or among the well-off of a nation there is a casual or indifferent attitude toward public education, we should know that democracy is endangered.
 
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absolutely right, no one left behind. Some are more dependable than others. That should not be an excuse to offer opportunities to the less endowed. Nobody is advocating to subsidize the lazy, though that is in every social market economy games by a few, however, keep in mind that those are minorities. The grand majority greatly benefits from subsidized education and health care as you can see in almost every social market economy in the world.

Socialism creates and subsidies a dependent class...
 
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