The uniformity of thought here is somewhat concerning to me. Here is a detailed review of the Piketty by an academic who disagrees: http://www.deirdremccloskey.org/docs/pdf/PikettyReviewEssay....
Also:
> One begins to suspect that the typical leftist—most of the graver worries have come from there abouts, naturally, though not so very naturally considering the great payoff of “capitalism” for the working class—starts with a root conviction that capitalism is seriously defective. The conviction is acquired at age 16 years when the proto-leftist discovers poverty but has no intellectual tools to understand its source.
Seriously?