But will it ever happen?…//Thomas Piketty’s Case for ‘Participatory Socialism’ – The New York Times

This is a fascinating set of insight from which we can learn but there is one problem: it will never happen. Piketty is now a socialist, but does he mean social democrat.

One cannot compete with celebrities who aren’t revolutionary and never discuss how anything is going to happen.

I inset our theme on The Last Revolution which shows one way to touch all bases in a massive complexity of a postcapitalist shift…

Comrade Thomas Piketty, Welcome to the Socialist Movement 

Review of Time for Socialism: Dispatches From a World on Fire, 2016–2021 by Thomas Piketty (Yale University Press, 2021) It’s a sign of the times that one of the world’s most prominent intellectuals has just published a book of essays titled Time for Socialism. As Thomas Piketty explains in the volume’s long introduction, “If someone had told me in 1990 that I would publish a collection of articles in 2020 entitled Vivement le socialisme! in French, I would have thought it was a bad joke.”

Source: Comrade Thomas Piketty, Welcome to the Socialist Movement | Portside

Thomas Piketty: The Making of a Socialist  

Drawing on his virtuoso knowledge of historical economic statistics, he demonstrated something close to an iron law of capitalism. Wealth concentrates because the return on capital tends to exceed the general rate of economic growth. Since income broadly tracks wealth, economies become relentlessly more unequal over time. Piketty demonstrated this pattern in all major nations and at all historic periods for at least 200 years, with one notable exception — the mid-20th century, when income and wealth in Europe and the United States became more equal.


Source: Thomas Piketty: The Making of a Socialist | Portside

Long Live Socialism! – Thomas Piketty – Yale University Press London BlogYale University Press London Blog

Extensive selections from Piketty’s new book, Time for Socialism, and I hope to cover his new perspective asap, although I am swamped with ‘books to read immediately’ and have no funds left for new books…

Thomas Piketty argues for supporting an inclusive, expansive conception of socialism as a counterweight against hyper-capitalism.

Source: Long Live Socialism! – Thomas Piketty – Yale University Press London BlogYale University Press London Blog

Thomas Piketty: The Making of a Socialist 

The French economist Thomas Piketty came to prominence with his 2014 book, “Capital in the Twenty-First Century.” The title was a deliberate echo of Marx’s “Capital,” though Piketty was far from a Marxist. Drawing on his virtuoso knowledge of historical economic statistics, he demonstrated something close to an iron law of capitalism.

Source: Thomas Piketty: The Making of a Socialist | Portside