Behind the formal structures of a once-functioning democracy is a political system run by corporate interests with the cynical aims of cutting taxes on the rich, selling weapons, and polluting with impunity. In Trump, they have found a shameless frontman.
Piketty's radical and largely on-target critique of contemporary capitalism, the reviewer says, was mostly greeted with hostility by the economics establishment, when not simply ignored, stonewalling Capital in the Twenty-First Century, so it would not have the impact on economics research agendas that it merits, particularly in explaining inequality — in effect a dead zone in mainstream economic analysis. The reviewer thinks much can be gleaned from Piketty's work.
"It will help private equity managers and people like President Trump"
No, Ben Carson, Slaves Weren't 'Immigrants'. The State That Beat Trump's Travel Ban Is Back in Court. The Dalai Lama: John Oliver. How Jails Extort the Poor | Salil Dudani. The Doomsday Clock, Explained.
Why do we jail people for being poor? Today, half a million Americans are in jail only because they can't afford to post bail
A new study shows the legacy of racism far outweighs individual financial decisions in driving the growing gap between black and white families.
New research holds inequality directly responsible for the crushing depth of the Great Recession.
Trump’s tax proposals, which shift like desert sands in a windstorm, would lavish vast new tax breaks on people like himself
Fire-breathing rhetoric, or raving three a.m. tweets, may assuage the anger of those left behind by the Reagan revolution, at least for a while. But for how long? And what happens then?
Economic inequality leads to racism, xenophobia and plutocracy.
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