Piketty: All Forest, No Trees

Piketty’s Political Hunch — The American Magazine

Piketty’s most important point, however, is his conclusion — assumption — that growing concentrations of wealth will somehow destroy the civic basis of society and lead to what: revolution by the working class? He doesn’t explain. This point is not extensively discussed and consists of continuous insinuation, rather than sustained analysis.

Piketty didn’t write his book to provide well-reasoned and supported predictions.  He wrote it to provide academic cover to the notion that the very worst thing about America is the “inequality” between workers and “capitalists.”

And while it is true that almost all of those who report on the inequality issue will not read his book beyond the first few pages, they will all cite it as “proof” of the deadliness of inequality in a capitalist system.

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.

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