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on peer-to-peer dynamics in politics, the economy and organizations
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Piketty's Determinism

Piketty's Determinism | Peer2Politics | Scoop.it
Co authored by Ann Pettifor and Geoff Tily

In this review of Piketty’s Capital (Harvard University Press, 2014)
Pettifor and Tily argue that Thomas Piketty’s determinism (which suggests
that inequality is set to continue to rise indefinitely and that interest
and growth are on a preordained trajectory) is wrong. Things don’t have to
be this way. Piketty’s approach arises from his fundamentally neo-classical
approach to interest as the marginal product of capital.
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Thomas Piketty slams Jeb Bush on education and inequality: “I think there’s a lot of hypocrisy”

Thomas Piketty slams Jeb Bush on education and inequality: “I think there’s a lot of hypocrisy” | Peer2Politics | Scoop.it
Economist dings Bush and other Republicans for empty rhetoric about inequality
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Joseph Stiglitz: Thomas Piketty gets income inequality wrong

Joseph Stiglitz: Thomas Piketty gets income inequality wrong | Peer2Politics | Scoop.it
The famed economist reveals the real reason the rich are getting richer -- and what it means for the rest of us
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New Left Project | Alternative Liberal Solutions to Economic Inequality

Thomas Piketty’s Capital in the Twenty First Century argues that, absent corrective action, we can look forward to a rise in capital’s share of national income and a corresponding depression of the share of labour. This might not be so significant were capital evenly distributed so that all could share in its higher returns. But Piketty shows that the distribution of capital is extremely unequal and likely to grow more so. At the same time, he argues, the share of wealth that is inherited looks set  to increase. Together these trends threaten to produce a society in which a relatively small section of the population comes to claim a larger share of national income through its (increasingly) concentrated ownership of (increasingly) inherited wealth.
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Soak the Rich

Soak the Rich | Peer2Politics | Scoop.it

This exchange is from a conversation in Paris between David Graeber and Thomas Piketty, discoursing on the deep shit we’re all in and what we might do about climbing out. It was held at the École Normale Supérieure; moderated by Joseph Confavreux and Jade Lindgaard; edited by Edwy Plenel; first published by the French magazine Mediapart last October; and translated from the French for The Baffler by Donald Nicholson-Smith.

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Corporate tyranny rules the global economy - Dailyrecord.com

Corporate tyranny rules the global economy - Dailyrecord.com | Peer2Politics | Scoop.it

Anyone following the OpenStack ecosystem could be forgiven for being a bit dazed and confused – how many distributions are there? (Fifteen, I think.) How many public clouds? How many private? Even higher-ups at the OpenStack Foundation are hard pressed to answer these questions off the top of their heads.

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John Cassidy: Is Surging Inequality Endemic to Capitalism?

John Cassidy: Is Surging Inequality Endemic to Capitalism? | Peer2Politics | Scoop.it
French economist Thomas Piketty’s “Capital in the Twenty-first Century” is a sweeping account of rising inequality. Reviewing the French edition of the book, which came out last year, Branko Milanovic, a former senior economist at the World Bank, called it “one of the watershed books in economic thinking.” The Economist said that it could change the way we think about the past two centuries of economic history. Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore.
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This 26-year-old grad student didn't really debunk Piketty, but what he did do ... - Vox

The crucial role of exclusionary zoning in driving inequality.
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Disagreeing with Piketty, Joseph Stiglitz: the rise of land values is the chief culprit of inequality | P2P Foundation

Disagreeing with Piketty, Joseph Stiglitz: the rise of land values is the chief culprit of inequality | P2P Foundation | Peer2Politics | Scoop.it
There are several things. There’s some debate about this, but I think most readers of Thomas Piketty’s book (Capital in the Twenty-First Century) get the impression that the accumulation of wealth — savings —is responsible for the rise in inequality and that there is, therefore, in a way,a link between the growth of the economy — the accumulation of capital— on the one hand and inequality and wealth. My paper begins with the observation that in fact, you cannot explain what has happened to the wealth/income ratio by that analysis. A closer look at what has gone on suggests that a large fraction of the increase in wealth is an increase in the value of land, not in the amount of capital goods.
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Soak the Rich - The Baffler

Soak the Rich - The Baffler | Peer2Politics | Scoop.it

This exchange is from a conversation in Paris between David Graeber and Thomas Piketty, discoursing on the deep shit we’re all in and what we might do about climbing out. It was held at the École Normale Supérieure; moderated by Joseph Confavreux and Jade Lindgaard; edited by Edwy Plenel; first published by the French magazine Mediapart last October; and translated from the French for The Baffler by Donald Nicholson-Smith.

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Co-ops and commons approaches to reviving places | NewStart

Co-ops and commons approaches to reviving places | NewStart | Peer2Politics | Scoop.it
As inequality and concentration of wealth return to 19th century levels, can ownership and power be democratised through a revival of the commons and the resurgence of co-operative approaches? We asked seven experts to give their views

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â–¶ Capital in the Twenty-First Century [Slides+Audio] - YouTube

What are the grand dynamics that drive the accumulation and distribution of capital? Thomas Piketty's latest findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.

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The Inequality Trap Distracts from the Real Issue of Freedom

The Inequality Trap Distracts from the Real Issue of Freedom | Peer2Politics | Scoop.it
A new book by French economist Thomas Piketty on "Capital in the Twenty-First Century" has recently caused a major stir on the opinion pages of newspapers and magazines. Piketty has resurrected from the ash heap of history Karl Marx's claim that capitalism inescapably leads to a worsening unequal distribution of wealth with dangerous consequences for human society.
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Piketty's Inequality Story in Six Charts

Piketty's Inequality Story in Six Charts | Peer2Politics | Scoop.it
Thomas Piketty’s new book examines historical and modern inequality, suggesting a “potentially terrifying” trajectory.
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