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Licensed Unlicensed Requires Authentication Published by De Gruyter Oldenbourg June 17, 2021

Accumulating Capital: Capital and Ideology after Capital in the Twenty-First Century

Steven Pressman EMAIL logo
From the journal Analyse & Kritik

Abstract

Thomas Piketty’s blockbuster Capital in the Twenty-First Century was followed by the publication of Capital and Ideology in early 2020. This paper looks at the differences between the two books, and provides an analysis and a critique of the main advances in the new book. First, Piketty drops r>g as an explanation for rising inequality. Instead, inequality is generated and constrained by economic power supported by an ideology. Second, there is a focus on the political consequences of inequality, including the rise of right-wing populism and the election of people like Donald Trump. Third, there is a new policy proposal-changes in corporate governance that gives labor and government seats on the Board of Directors of public corporations.

Online erschienen: 2021-06-17
Erschienen im Druck: 2021-06-01

© 2021 Walter de Gruyter GmbH, Berlin/Boston

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