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Here’s an unlikely bestseller:
A 700-page book on
21st century economics

Washington Post, by Jia Lynn Yang

Original Article

Posted By:Hermoine, 4/23/2014 4:29:08 PM

The new book by economist Thomas Piketty, "Capital in the Twenty-First Century" is a runaway hit, perched at the top of Amazon.com´s bestsellers chart and temporarily sold out on the Web site.-snip-Piketty, already widely cited for his work on income inequality, has clearly touched a nerve. The book argues that the underlying mechanisms of capitalism tend towards massive inequality. Piketty argues that the era between 1930 and 1975 -- often hailed for the way in which wealth was broadly shared -- was actually a departure from the norm.

Comments:
Uh-huh, sounds like a real winner. Marx and Engles would be proud.

      


Post Reply  

Reply 1 - Posted by: ZurichMike, 4/23/2014 4:31:28 PM     (No. 9822078)

Yes, remember the shortages and high gas prices? The billions for the "war on poverty" that led to more poverty? Ah, the good ole days.

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Reply 2 - Posted by: UtahLurker, 4/23/2014 4:40:02 PM     (No. 9822091)

This book has already been roundly thumped by legitimate economists - Soros and the unions must have bought enough copies to make this idiotic tome a ´bestseller´.

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Reply 3 - Posted by: schnapps, 4/23/2014 4:59:10 PM     (No. 9822122)

"Das Kapital in the Twenty-First Century" might be a better title.

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Reply 4 - Posted by: altoona, 4/23/2014 5:07:38 PM     (No. 9822130)

I would not be surprised if we the people bought all the copies of this book through our purchasing agent in the White House.

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Reply 5 - Posted by: whyyeseyec, 4/23/2014 5:15:42 PM     (No. 9822144)

Sounds like communism with a happy face. A fry cook should never be paid the same as a doctor. We should welcome their income inequality. A doctor does not go to school for 12 years to make $50000/yr.

I hope the author of this book makes a penny for every copy he sells. Then he can experience ´equality´ first hand.

Dope....

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Reply 6 - Posted by: dvc, 4/23/2014 5:26:10 PM     (No. 9822156)

Another Marxist fool. Always wrong but never in doubt.

I agree with the previous poster - income inequality is a GOOD thing. Only a lazy person who has achieved little and Marxist "economists" think otherwise.

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Reply 7 - Posted by: stablemoney, 4/23/2014 6:30:18 PM     (No. 9822229)

Marx didn´t work so was for income redistribution.

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Reply 8 - Posted by: god of irony, 4/23/2014 8:03:04 PM     (No. 9822339)

A study was just released that noted that over 70% of Americans are in the top 10% at some point in their lives. Totally refuting the 700 pages of marxist toilet paper.

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Reply 9 - Posted by: kate318, 4/23/2014 8:29:17 PM     (No. 9822387)

Not for one minute do I believe that, in today´s culture, a 700-page book on economics of any kind is a best seller. That is unless someone with an agenda is buying up the copies.

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Reply 10 - Posted by: rlcnutter, 4/23/2014 9:00:45 PM     (No. 9822422)

i have no problem with the notion that unregulated capitalism leads to wide gulfs in wealth among people. But the alternative is that everyone is poor. The "poor" in capitalist systems have it far better than those in non-capitalist systems. The problem is that in capitalist systems ENVY comes to dominate the poor and poison their souls into accepting truly dangerous and bloody notions of redistribution.

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Here’s an unlikely bestseller:
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Posted By: Hermoine- 4/23/2014 4:29:08 PM     Post Reply
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