Piketty's analysis concludes that unequal ownership of capital, rather than unequal pay, is responsible for notably high levels of inequality in the decades since the 1980s.

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Piketty's analysis in his book "Capital in the 21st Century" argues that the unequal ownership of capital, such as stocks, real estate, and other assets, is the primary driver of inequality in modern economies. He suggests that the increase in income inequality since the 1980s is largely due to the concentration of wealth in the hands of a small group of individuals and families, rather than differences in wages or income levels.

Piketty's Analysis Concludes That Unequal Ownership of Capital, Rather Than