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Is There a Ma Joad for the Piketty Era?

Katie Baker Daily Beast
In the 75 years since novelist John Steinbeck published his masterpiece about the Okie migration, the towering Ma Joad has faded from archetype to anachronism. Ever since Steinbeck published his opus on the plight of the Dust Bowl migrants in 1939, readers have warmed to Ma as a paragon of folksy integrity - "an unforgettably vigorous figure, like Mother Courage without the corruption or rapacity," - and, more recently, praised her as a feminist icon...

Attack on Piketty’s Capital Gets it Wrong

Mike Konczal; Jennifer Rankin; Chris Giles; Neil Irwin
Piketty's central theme is not that inequality of the ownership of wealth is going to skyrocket. The central theme is that the 1% already owns a lot of the capital stock, and the capital stock is going to get gigantic relative to the rest of the economy. Whatever the weakness this meg-tome and mega-best seller, there is no denying - the rich are getting richer, the poor, poorer. (And Piketty is not a Marxist.)

The Piketty Panic and Video of Stiglitz and Krugman on the Significance and Right-wing Hysteria over Piketty

Paul Krugman, Joseph Stiglitz, Thomas Piketty
New scholarship by the French economist is a bona fide phenomenon - and the right is terrified. Thomas Piketty argues that the main driver of inequality - the tendency of returns on capital to exceed the rate of economic growth - threatens to generate extreme inequalities that stir discontent and undermine democratic values. He calls for political action and policy intervention. Video - Joseph Stiglitz and Paul Krugman on the significance of the work, and the stir.
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