Taking notes 37: Meritocracy, repression and Piketty’s apocalyptic asymptote

by Sanjay Perera
Much has been said about Thomas Piketty’s important and much talked about book. But not enough has been said about his nuanced wit and jibes at a system of meritocratic capitalism that is starting to merge with the hereditary accumulation and growth of wealth termed as patrimonial capitalism. But then it can also get quite serious. Continue reading Taking notes 37: Meritocracy, repression and Piketty’s apocalyptic asymptote

Reading Thomas Piketty: A Critical Essay

by Zoltan Zigedy I should perhaps add that I experienced the American dream at the age of twenty-two, when I was hired by a university near Boston just after finishing my doctorate… Here was a country that knew how to attract immigrants when it wanted to! Yet I also realized quite soon that I wanted to return to France and Europe… One important reason for my choice has a direct bearing on this book: I did not find the work of US economists entirely convincing… To put it bluntly, the discipline of economics has yet to get over its childish … Continue reading Reading Thomas Piketty: A Critical Essay