Tag Archive for Thomas Piketty

Tracing the Source of Income Inequality

President Ronald Reagan, delivering his Inaugural Address on Jan. 20, 1981.

Exclusive: Economist Thomas Piketty traces the explosion of income inequality in America to political decisions, especially the right-wing policies of Ronald Reagan who simultaneously slashed taxes for the rich and decried government intervention in the economy, writes Jim DiEugenio.

Piketty’s Exploration of Modern Capital

Thomas Piketty's "Capital in the Twenty-first Century."

Exclusive: Despite some predictable griping from the Right, Thomas Piketty’s Capital in the 21st Century has reinforced the case that Western societies – and especially America – are concentrating wealth at the very top and shortchanging almost everyone else, as Jim DiEugenio writes.

The Iron Law of Oligarchy Returns

Thomas Piketty's "Capital in the Twenty-first Century."

America likes to think of itself as a land of the Great Middle Class with a government “of, by and for the people.” But that reality has changed drastically over the past several decades, as money and power have created a dominant American Oligarchy, writes Danny Schechter.