Assertion: capital | /r/HasProperty | r
Facets:
Source sentences:
text: The book's central thesis is that when the rate of return on capital (r) is greater than the rate of economic growth (g) over the long term, the result is concentration of wealth, and this unequal distribution of wealth causes social and economic instability.
text: Piketty bases his argument on a formula that relates the rate of return on capital (r) to economic growth (g), where r includes profits, dividends, interest, rents and other income from capital and g is measured as growth of society's income or output.
text: IMF economist Carlos Góes researched the basic thesis put forth by the book - that when the rate of return on capital (r) is greater than the rate of economic growth (g) over the long term, the result is concentration of wealth - and found no empirical support for it; in fact, an opposite trend was identified in 75% of the countries studied in depth.