Piketty’s new essay on socialism opens this collection. However, my sorely-missed friend and comrade Art Perlo once told me, “Maybe he was telling the truth, John.” Ahem. I thought he was being coy, serving up a tease to the left, but trying to keep the discussion on himself, not Marx. Piketty demurred these associations with the comment, “I have not really read much Marx.”Īt the time, the remark did not seem credible. The book, and the massive data collection projects on global and national inequalities that were enlarged by the debates it engendered, re-opened the doors to “socialism” in post-Cold War Western economics literature.Ĭomparisons to Karl Marx were inevitable, and sales of Marx’s own Capital leaped forward, too. It is not possible to understate the positive impact that the French author’s masterwork, Capital in the 21st Century, has had on the economics profession. Thomas Piketty has a new collection of essays, entitled, Time for Socialism: Dispatches from a World on Fire, 2016-2021.
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