False triumphalism implied by headline! As the Rich own or control most if not all the media they are hanging on to any bit of 'evidence' that might justify extremes of income and wealth inequality. Of course, Piketty's theory is not the only explanation of inequality, it might not be scientific truth but it is one strand of thought that helps to explain inequality - among many others, such as legal structure of corporations, inheritance tax levels, copyright laws etc.
Sunday Times Rich List 2017: Richest people in Britain data vs Piketty theory - Business Insider
Links for 05-23-17 - Why You Should Never Use the Hodrick-Prescott Filter - James Hamilton Gap between what is widely believed and market evidence - Larry Summers Trump Budget ...
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