![]() ![]() I have defined propietarianism as a political ideology based on the absolute defense of private property capitalism is the extension of proprietarianism to the age of large-scale industry, international finance, and more recently to the digital economy. ![]() You see private property, the foundation of the market order, is itself an ideology and so capitalism is simply one of its regime manifestations: So how is it that capitalism can generate inequality and undermine social values when inequality itself is the product of ideology and politics, not economics? Is Piketty contradicting himself? In his new book Capital and Ideology, Piketty declares inequality as being “neither economic nor technological it is ideological and political.” In his improbable best-seller Capital in the 21st Century, Thomas Piketty argued that “when the rate of return on capital exceeds the rate of growth of output and income.capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.” The Belknap Press of Harvard University Press, 2020 ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |