Tag Archives: socialism

Capital in the Twenty-First Century – A Review from a Layman’s Perspective

Capital in the Twenty-First Century

Capital in the Twenty-First Century

With economics knowledge only at the high school level, I am not in a position to judge the merits of Capital in the Twenty-First Century (‘Capital’) written by the French economist, Thomas Piketty, and translated by Arthur Goldhammer. Economist and Financial Times, the vanguards of free market and capitalism, have launched their, sometimes scathing, reviews of the work (also see the links in the extended readings below). Numerous other professional economists and experts must have also put forward their own learned views. What I wish to do here, however, is to review the work from a layman’s perspective; that is from a perspective of a curious reader with a keen passion to know more about the world. Although Piketty intends to write for the general audiences, the length of this work – running more than 600 pages – is formidable even for a non-fiction reader like me. This is especially so as the idea that he espouses does not seem a particularly insightful one.

Continue reading

Tagged , , , , , , , , , , , , , ,