By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 11/08/2026If r > g, then the most wealth will inevitably accumulate in the hands of people who *start* with the most wealth, irrespective of whether they do anything productive with that money. 7/ 229545
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 11/08/2026This means that the alleged heroes of the market system - the entrepreneurs who found and manage the firms that increase public prosperity - are doomed to play second fiddle to the mere plumbers of money, people who "contribute" by accumulating. 8/ 122524
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 11/08/2026The starkest example of this in *Capital 21C* is Piketty's contrast between L'Oreal heiress Liliane Bettencourt (then the richest woman in the world) and Bill Gates, founder of Microsoft (then the most successful corporation in the world). 9/ 21508
