Everybody is talking about French economist Thomas Piketty`s new book on how the rich get richer, Capital in the 21st Century. Piketty argues that the rich dominate the political process, so the masses have a very hard time getting laws passed that would benefit them.
The most obvious example of this is the debate, such as it is, over immigration policy in America. After more than a half decade of high unemployment, Mark Zuckerberg, Bill Gates, Michael Bloomberg, Rupert Murdoch, and Mexican oligarch Carlos Slim continue to use their media and political dominance to demonize those who stand up for the American people in opposing the Billionaires United front for cheap labor and expensive phone calls back home to Mexico.
But, if you go to Google and type in