You are an obsession
I cannot sleep
I am your possession
Unopened at your feet
Well stated argument that Thomas Picketty's recent book is another apology for what Bastiat labeled 'legal plunder.' Legal plunder is using the strong arm of the State to take from some for the benefit of others. Government is the institutional agent of plunder.
Legal plunder appeals to the envious and resentful who relish in pulling down the successful and taking their wealth. Legal plunder also appeals to politicians who can employ this philosophy for political gain.
What these groups want to do is to institutionalize legal plunder, to legitimize it. They will want to label it something else to divert weak minds from the central notion that aggression is being applied to rob people of their property.