[Book review] What we need now is socialism, Piketty writes

Piketty refers to a new kind of socialism whose ideology is participatory and decentralized, democratic and friendly to the environment, and respectful of women In his book “Capital in the Twenty-First Century,” French economist Thomas Piketty drew upon data from twenty countries around the world over three centuries to expose the roots of inequality, which is the fundamental contradiction of capitalism. Now Piketty offers readers a subversive prospect of socialism. “If someone had told me back in 1990 that I’d publish a book titled “The Urgency of Socialism” in 2020, I’d have said they were speaking nonsense.” He delineates […]

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