09-17-2018, 07:39 PM
(09-16-2018, 06:16 AM)pbrower2a Wrote: Piketty sees history as a succession of elites, with the size of the elite creating the oppression instead of the autocratic character of a leader. Elites are highly selective in nature, selecting for either morality of some standard -- or, if Donald Trump exemplifies America's elite of ownership going in a vile direction, amorality.
We seem to have different perspectives on Piketty. Reading the first few chapters of Capitol, I can see how his economic views are positive. He bases his system on the many years of tax information gathered by the Europeans, not the simplistic assumptions that leave the present schools of economics in perpetual deadlock. That much is positive.
Any commitment to autocratic systems would be problematic, but even so his empirical treatment of the economy by looking at real data could present an improvement.
But I am not that much of an economist. The old schools went nowhere. They each offer 'proof' of whatever you want to believe.
That this nation, under God, shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.
