Portside

In a speech challenging both national and global inequality, with a particular focus on France and South Africa, economist Thomas Piketty concluded with calls for taxes on wealth, and a public global registry of financial assets to make that possible. The speech evoked a frenzy of comment - from praise to denunciations of Piketty's analysis as Marxist or alternately, unrealistic, to those who criticized him for having a flawed analysis that disregarded Marxist insights.

Mexican labor unions and workers are, overall, in the worst situation in decades. President Peña Nieto has succeeded in passing a series of so-called reforms - education, labor, energy, and communications - that will have devastating effects on an already weakened labor movement. The Mexican government has controlled unions since the Mexican Revolution of 1910-1920, but it was in the 1930s that the system of one-party state control over the unions was fully developed.

Shrinking the financial sector will make us all richer.

“If they can get you asking the wrong questions, they don’t have to worry about answers.” Progressives have all kinds of ideas to shape a more equitable primary distribution. But those ideas will never get much oxygen if we remain voluntary trapped in the cramped debate of a short-sighted economics.