Haha, what the hell? He is trying so hard to crib Marxism aesthetics while being a full lib. His "Capital" is really long, just so much more dense and boring, and he even padded everything out with a bunch of superfluous graphs. He even put out a book on "Capitalism and Ideology" that is trying to gesture at materialism while ending up with a bunch of lib takes.
The central thesis of the book - that the ratio of domestic growth relative to asset appreciation determines long term wealth inequality - is sound. And a government that treats G > R as an imperative akin to our Fed's dual mandate on inflation and unemployment would create the kind of prosperity liberals always say they want.
But this shit is always about personalities in the media. You'll never know what Pikety thinks about western economic policy. Just that he considers a 170 year old thesis crafted at the dawn of the industrial age a bit behind the times.
Haha, what the hell? He is trying so hard to crib Marxism aesthetics while being a full lib. His "Capital" is really long, just so much more dense and boring, and he even padded everything out with a bunch of superfluous graphs. He even put out a book on "Capitalism and Ideology" that is trying to gesture at materialism while ending up with a bunch of lib takes.
The central thesis of the book - that the ratio of domestic growth relative to asset appreciation determines long term wealth inequality - is sound. And a government that treats G > R as an imperative akin to our Fed's dual mandate on inflation and unemployment would create the kind of prosperity liberals always say they want.
But this shit is always about personalities in the media. You'll never know what Pikety thinks about western economic policy. Just that he considers a 170 year old thesis crafted at the dawn of the industrial age a bit behind the times.