On the one hand it’s very lib to be reading Piketty; but on the other Ninety-Three is Hugo’s best and most revolutionary novel and dosen’t get a lot of attention becuase of it. So I guess it’s a wash.
Piketty is a one trick pony, I went to one of his conference at my University. All he advocates for is a global progressive tax system. He never explains how it is going to be implemented (he himself acknowledges that there is a need for all government to form a UN like IRS which he doesn’t believe it’s ever going to be possible) or the fact that the implementation of his global tax system would just nuke most of the economy of countries that are just taxe havens for the rich.
The Netflix documentary of the book is enough to explain its contents. It’s funny to see him talk about capitalism without mentioning ONCE Marx, Webber, Ricardo, etc. Or why the USA did the New Deal (because they never mention the Bolsheviks Revolution at all). The only mention of the USSR is that ‘‘wow it collapsed because it’s a failure and a police state, oh wow suddenly wealth inequality skyrocketed for no reasons’’
Oh yeah, China is basically doing State Capitalism not so different than USA Post WW1 (never going into the details ofc), but they are bad because there are wealth inequality
On the one hand it’s very lib to be reading Piketty; but on the other Ninety-Three is Hugo’s best and most revolutionary novel and dosen’t get a lot of attention becuase of it. So I guess it’s a wash.
Piketty is a one trick pony, I went to one of his conference at my University. All he advocates for is a global progressive tax system. He never explains how it is going to be implemented (he himself acknowledges that there is a need for all government to form a UN like IRS which he doesn’t believe it’s ever going to be possible) or the fact that the implementation of his global tax system would just nuke most of the economy of countries that are just taxe havens for the rich.
The Netflix documentary of the book is enough to explain its contents. It’s funny to see him talk about capitalism without mentioning ONCE Marx, Webber, Ricardo, etc. Or why the USA did the New Deal (because they never mention the Bolsheviks Revolution at all). The only mention of the USSR is that ‘‘wow it collapsed because it’s a failure and a police state, oh wow suddenly wealth inequality skyrocketed for no reasons’’
Oh yeah, China is basically doing State Capitalism not so different than USA Post WW1 (never going into the details ofc), but they are bad because there are wealth inequality