2024-12-23 03:43 pm

Piketty's Capital books

Thomas Piketty wrote a few books about capital and inequality: Capital in the 21-st century, Capital and Ideology and A Brief History of Equality. Most recently he gave a lecture in 2022 about A Brief History of Equality which has also been published a few months ago and for which he has a webpage with all the figures and tables he used in the lecture.

Effectively he is advocating for a more progressive tax system (more progressive than the current income tax brackets) and for a wealth tax (which would be fairer that the current inheritance/estate tax which is slowly disappearing in the US).

To be continued...
2022-07-04 07:59 am

The woke, the Brahmin left and shifting allegiances of the working classes

Batya Ungar-Sargon published an article last year entitled The media’s betrayal of the poor.  One reference caught my eye: Piketty re: a Brahmin Left, so I looked it up and found a 2019 summary of Piketty book Capital and Ideology book in which he proposes the idea of the Brahmin Left vs Merchant Right. This writeup contains two comments, one of which pointed to an incisive dissection of the recent evolution of democracy in the UK.