The most obvious example showing that Piketty is right about the ability of the rich to impose their prejudices upon the political process is this: Billionaires such as Mark Zuckerberg and Carlos Slim, who bailed out the New York Times in 2008, have largely succeeded in shutting down open debate over immigration policy in America.
Billionaires want more immigration so they can pay lower wages, but anybody who mentions that is an evil person, unlike, say, the Mexican oligarch who profits exorbitantly on calls placed between illegal immigrants and their loved ones in Mexico.
It’s a spectacularly obvious version of what Piketty is talking about, but of course he doesn’t dare bring it up.
