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This undated photo provided by Harvard Press shows French economist Thomas Piketty. In his new book, Piketty, who helped popularize the notion of a privileged 1 percent, sounds a grim warning: The U.S. economy is beginning to decay into the aristocratic Europe of the 19th century.

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Q&A: A French economist's grim view of wealth gap

If you'd like to live in Downton Abbey, the good news is that our economy has entered a second Gilded Age of opulence and elegance. The bad news is that you'll likely end up among the vast majority stuck sweating in the kitchen.

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