~ a skyline filled with Pikettyscrapers
Future skyline of superslenders in New York
Okay, now what’s a Pikettyscraper you ask? Pikettyscraper is named after Thomas Piketty, a French economist who has risen to fame in 2014 because of a book he wrote on wealth and income inequality. The book, a bestseller which is read by 2.4% of those who own it, a record, argues that the rate of capital return in developed countries is persistently greater than the rate of economic growth, and that this will cause wealth inequality to increase in the future. Ever since, Piketty has become a bit of a pin up boy for those in favor of tax reform, or tax increase, depending on your angle.
We have already introduced skyscrapers occupied by one family, and apartments bought just for fun, but the skyscraper that embodies the popular idea that the rich are getting richer hadn’t been coined yet, but here it is.
Pikettyscraper is a skyscraper typology that is an expression of an extreme, an nowhere is this becoming more appearant than in New York City. In a recent comparison it was made aware that $100 million can buy you a penthouse apartment on Manhattan, as well as a full 1993 Philip Johnson designed office skyscraper in Detroit. It’s a personal take on the matter, but I agree these kind of inequalities doesn’t make a lot of sense.
Piketty Line as a skyline typology takes its meaning from Piketty’s argument that unless capitalism is reformed, the very democratic order will be threatened, which resembles the protesting essence of the term picket line, which is a boundary established by protesting workers on strike. It was coined for this dictionary.