French economist and Associate Chair at the Paris School of Economics [1], Thomas Piketty [2] recently published a book [3] called “Capital in the Twenty-First Century [4]” that has generated quite a buzz [5] among fellow economists and political leaders. Piketty's central thesis is that inequality is not an accident [3], but one of the consequences of the excess of capitalism. Piketty also opines that inequality could threaten the democratic process [5] as recently seen in Greece [6]. Critics of his thesis on inequality also abound [7].
French Economist Piketty Links Inequality to Instability of Democracies
· Written by Lova Rakotomalala
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