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What are the criticisms of Capital by Piketty?
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You are currently reading a thread in /lit/ - Literature

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What are the criticisms of Capital by Piketty?
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Shoddy remake that doesnt' capture the spirit of the original.
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/lit/ - Literature
>If you want to discuss history, religion, or the humanities, go to /his/. If you want to discuss politics, go to /pol/.
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Too difficult for Americans to understand.
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>>7674861
>forgetting literature = bookz

C'mon m8 get it together.
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>>7674912
>six highly effective strategies not to shit yourself on your first date with your octomom
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>>7674861
> If you want to discuss something that is important instead of ass-pounding, naval-gazing, and poetry, please leave
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>>7674928
which part of this text uses the syntactic matrix of the written language to conjugate meanings, as in literature?

what you've got there m8 is a piece of technical writing
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>>7674912
Literature means poetry and artistic prose. If you want to talk about economics you can already go to /his/, /pol/, /sci/ or /biz/
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>>7674935
>assuming samefag
:^)
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>>7674871

maybe the americans are smart then.

Varouakis is a commie and even he says it isn't worthwhile. Go to 9:10

https://www.youtube.com/watch?v=wNLPO2j9RQ0
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>>7674942
you'd be wrong cunter
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>>7674950
>/lit/
>can't grammar
This is fun.
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>>7674967
fuck you and your punctuation puncture wounds you pool of piss, you know you can't hang at this level you STEM autist
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>>7674946
>even he
The book is very capitalist and named after the Marx book only to mock that difference.
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a couple of papers i have read which offer something different than piketty.

http://www.nber.org/papers/w17164

http://economics.mit.edu/files/11348


piketty is a hack.
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"Inequality is a bad thing. Look, inequality is getting worse. Here are some things that might reduce inequality."

Saved you a few hours.
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>>7674936
Oh so you're the dude who tried to shit up my thread on cinema books. You even did it roughly at the same time!
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https://www.youtube.com/watch?v=GgOVVCHp0lM

Piketty methodologically is a neoclassical, so you got that, and he thinks a 1950s style welfare state is the ideal that should be strived for... but globalization happened meaning that just ain't gonna come back
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>>7675926
I'm not proud of my behavior on this board today... I ought to read more.
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>>7674827
Literal pop-Econ book

Same criticisms that apply to pop-history and pop-science apply
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Economist here.
Piketty is 100% right.

Only Trump supporters would disagree with him.
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>>7675878
I'm not reading all this but you're article is stupidly wrong on a lot of basic points

>Marx developed the idea that the reserve army of the unemployed would keep wages at subsistence level, making capitalism inconsistent with steady improvements in the living standards of worker

Average living standards can continue to rise, a reserve army of labour wouldn't stop that from happening. What Marx pointed out was that unemployment is a structural feature of capitalism, not some form of accident, necessary to keep the balance of power from tipping in favour of labour instead of capital. Full employment would result in declining profitability and higher wages which couldn't last causing unemployment. Marx never meant it would result in ABSOLUTE impoverishment but RELATIVE impoverishment.

https://en.wikipedia.org/wiki/Reserve_army_of_labour
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