Another immense flaw in the neo Marxist Piketty Agitprop - Entrepeneurs

It turns out that le Piketty failed to even consider the category of entrepreneur manager wealth, instead conflating them with professional managers.  It turns out that:

It’s not a minor oversight: Self-employed business owners who actively manage their firms own around 70 percent of the wealth of the top 0.1 percent. With top earnings, too, business owners are far more important than salaried executives. 

The questionable misuse of the data and deliberate ignorance of our tax laws and transfer payments constitutes academic fraud. Or Marxist agitprop which is increasingly the same thing.

Read the whole thing.