Picketty Acknowledges a Limit to Inequality–Will He Acknowledge the Limits to Growth?

| July 18, 2014 | Leave a Comment

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Date of Publication: July 17, 2014

Year of Publication: 2014

Publisher: CASSE

Author(s): James Magnus-Johnston

Newspaper: The Daly News

In Picketty’s celebrated new work, Capital in the 21st Century, we are treated to a robust argument about the mechanics of worsening structural inequality…But the limits we face are far greater than limits to just the capital-income ratio. While many of us share Picketty’s anxiety about worsening inequality (for me, every time I see a headline celebrating the rise of house prices), worsening structural inequality at this stage in history is but one symptom of our obsession with growth.

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