A Brief History of Equality by Thomas Piketty

Equality is a bit of abstract idea. And it is defined differently by different people based on their achievements and lifestyle. So, if a billionaire thinks that his wealth is well deserved due to what he created and the others are not there because they lack something (nobody knows what). Or, a man being the highest earning member of a family can treat others as a lesser being.

Piketty is an amazing writer and I didn't read the other two books just because of the sheer number of pages :) and I'm glad I found this one. And, yes, most of his arguments are based on the data.

The unequal ownership of wealth, real estate and what not vs the contribution to the taxes. Sharing with the larger society vs the philanthropy facade. Speaking of equal rights for all, irrespective of gender, class, colour, citizenship, but lacking the action. Being on the top of consumption chain (maximum contribution to Carbon emission, indirectly to global warming) but reluctant to the take responsibility for the plans. And, yes, the repatriation.

They are all forms of inequality. And even after seeing the march towards equality progressing, it still sounds like a utopia.

Can a world with inequality will function as it does now? Most likely yes. But the larger problem is that anything that brings us closer to the equality hurts the vested interests of the people who are responsible for this inequality. Its more of a personal barrier that needs to be overcome here by the larger wealth holders. Top 10% people holding 70% of the wealth (in US but other countries have the similar ratios) are the biggest levers to make it happen but vested interest is a big word and a bigger idea which needs different understanding/treatment.

Unfortunately, inequality is going to stay.

Peace