Wednesday, March 26, 2014

Excellent article on income inequality and global capitalist trends

You should read this piece, which discusses a new book by Piketty (a French economist) that argues 21st century capitalism is where the system's central contradiction is becoming more and more evident, leading to staggering income inequality. Some of his argues echo ones we've encountered in class. Can any of you identify some connections?

http://m.newyorker.com/online/blogs/johncassidy/2014/03/piketty-looks-at-inequality-in-six-charts.html?utm_source=dlvr.it&utm_medium=twitter

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