Tag Archives: Thomas Piketty

Billionaires are a Sign of Economic Failure

Inherited wealth and crony capitalism have created an aristocratic class that undermines social mobility and democracy By Max Lawson Source: Inequality.org The New York Times published an editorial comment on its front page in January 2019, provocatively entitled “abolish billionaires.” The … Continue reading

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How 90% of American Households Lost an Average of $17,000 in Wealth to the Plutocrats in 2016

By Paul Buchheit Source: Information Clearing House America has always been great for the richest 1%, and it’s rapidly becoming greater. Confirmation comes from recent work by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman; and from the 2015-2016 Credit Suisse Global Wealth Databooks (GWD). … Continue reading

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Skynet Ascendant

By Cory Doctorow Source: Locus Online As I’ve written here before, science fiction is terrible at predicting the future, but it’s great at predicting the present. SF writers imagine all the futures they can, and these futures are processed by … Continue reading

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On the Meaning of “Middle Class” and the State of the Middle Class

By Dr. Nicholas Partyka Source: The Hampton Institute When politicians talk, one of the recurring themes about which they spew platitudes is the economy. It would be the subject of another essay to unpack what is meant by “the economy” … Continue reading

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Inequality Has Been Eliminated

By Chad Hill Source: the Hipcrime Vocab Have you heard? Inequality has been eliminated. What? You didn’t know that? Well, certain “professional” economists have proved it is true. You may wonder, when you drive around your town, why formerly occupied … Continue reading

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Piketty, Meet Orwell: Why Modern Oligarchy MUST Turn Fascist

By Patrick Walker Source: OpEdNews.com If Frenchman Thomas Piketty, for all his brainiac academic wonkiness, has become a U.S. publishing sensation and economics rock star, it’s not merely due to his high-profile promoters. Granted, Piketty touters like Paul Krugman and … Continue reading

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