Accounting for Inequality: Questioning Piketty on National Income Accounts and the Capital-Labor Split

Source: Charles Reitz, Review of Radical Political Economics, Vol. 48 no. 2, May 2016
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From the abstract:
Piketty’s study of capital and inequality, especially the distribution of the national income through a “capital-labor split,” is examined and compared with a model developed from data sets from the U.S. Department of Commerce. Piketty’s inclusion of executive supersalaries as labor income is questioned as over-estimating labor’s share of national income distribution and labor’s role as a causal factor in the intensification of inequality.