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Tidbits - Jan. 13, 2022 - Reader Comments: COVID Vaccines; Hospitals in Trouble; Solidarity and Internationalism in Today's World; Sidney Poitier; Thomas Piketty Turns to Socialism; Rosa Luxemburg; Martin Luther King; Anne and Carl Braden;

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Reader Comments: COVID Vaccines; Hospitals in Trouble; Solidarity and Internationalism in Today's World; Sidney Poitier; Thomas Piketty Turns to Socialism; Rosa Luxemburg; Martin Luther King and Today; Anne and Carl Braden; Labor History; more....

books

Thomas Piketty: The Making of a Socialist

Robert Kuttner New York Times
What makes this noteworthy is that it comes from an economist who gained his reputation as a researcher with vaguely left-of-center sensibilities but was far from a radical. The times are such that even honest moderates are driven to radical remedies

books

Why Are Economists Giving Piketty the Cold Shoulder?

Marshall Steinbaum Boston Review
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.

Democracy, Trade, Globalization and Trump

Thomas Piketty; Naomi Klein The Guardian (UK)
Rising inequality is largely to blame for this electoral upset. Continuing with business as usual is not an option. People have lost their sense of security, status and even identity. This result is the scream of an America desperate for radical change. People have a right to be angry, and a powerful, intersectional left agenda can direct that anger where it belongs. Thomas Piketty and Naomi Klein offer up interesting analysis.

Stephen Hawking Says We Should Really Be Scared Of Capitalism, Not Robots

Alexander C. Kaufman Huffington Post
If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution.

World's Most Famous Economist Says Bernie Sanders Could "Change the Face of the Country"

Zeeshan Aleem Policy.Mic
The Vermont senator's success so far demonstrates the end of the politico-ideological cycle opened by the victory of Ronald Reagan at the 1980 elections. Piketty's doesn't see Sanders as following in the footsteps of Europe's social democratic models, but rather leading the United States toward a possible return to the nation's pioneering 20th century experiments with extremely progressive taxation and social spending.

Thomas Piketty: A New Deal for Europe

Thomas Piketty; translated by Anthony Shugaar The New York Review of Books, February 25, 2016 issue
Only a genuine social and democratic refounding of the eurozone, designed to encourage growth and employment, will be sufficient to counter the hateful nationalistic impulses that now threaten all Europe. We should put together a conference of eurozone nations on debt-just like those that were held in the postwar years, to the notable benefit of Germany. The objective would be to reduce public debt as a whole.

Piketty says "Tax the Rich"

Thomas Piketty AfricaFocus Bulletin
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.
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