A General Without an Army
For all Piketty’s mainstream respectability, it is only the radical left and the labor movement — not treasuries and central banks — that can push his program.
For all Piketty’s mainstream respectability, it is only the radical left and the labor movement — not treasuries and central banks — that can push his program.
Piketty’s warnings of a capitalism without meritocracy are being challenged by an ossified economic theory.
Thomas Piketty’s Capital in the Twenty-First Century has been covered ad nauseam. But how it will change the ideological landscape remains to be seen.