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Thursday, May 15, 2014

Even Less to Like About Flying Coach - Bloomberg View

Even Less to Like About Flying Coach - Bloomberg View: "In Capital in the 21st Century, economist Thomas Piketty provides data that show conclusively that our current level of economic inequality now is comparable to that at the start of the 20th-century -- before two world wars, a Great Depression, and the reforms of the New Deal and European social democracy produced a more broadly shared prosperity.

A comparison of today’s airliners with the great fin-de-siecle passenger ships would reveal a similar disparity in their treatment of passengers -- lavish accommodations for first class, and the bulk of the passengers in steerage. As a socio-economic tract, Titanic could be remade today set on an airliner."



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