IMF MEGA MNCS

'...And has their growth exacerbated the decade long trend where the return on assets (in this case shares) has outstripped the return on labour (the income we receive for working)....'

This is merely the Piketty thesis mouthed by the IMF, and so reported.

Isn't this a natural and normal consequence of market capitalist globalization.

Globalization is marked fundamentally by economic concentration. 

Why complain now about the globalization goose that has now lain your golden globalization egg?

In fact, wouldn't one expect it, and want to see it, as a confirmation of the benefits of globalization in general?

The decline in labor costs and returns to labor, and rising labor obsolescence, are features of globalization that require states to trim their populations one way or another, and also trim their expectations for endless market growth.

The fact that profitability for the top .1% from increasing concentration is not an important factor. 

It may lead to global instability, but that would also affect the owners of capital more now, relatively, than it once did.