Michael Rustin on Thomas Piketty’s Capitalism and Ideology
Soundings - ISSN 1362-6620
Volume 2023 Number 83
Michael Rustin on Thomas Piketty’s Capitalism and Ideology
pages 142-152
DOI: 10.3898/SOUN.83.REV03.2023
Abstract
Thomas Piketty’s Capitalism and Ideology is the 1150-page 2020 sequel to Capital in the Twentieth Century, a best-selling publishing sensation in 2014 that described the inexorable growth of inequality under capitalism, as a consequence of fact that the long-term rate of return to capital had generally exceeded the rate of economic growth. Capitalism and Ideology develops the thesis of the earlier volume into a micro-historical account of the development of property-based societies. It proposes a strong programme for their reform in the direction of a renewed social democracy. In offering an historical account of the development of capitalism it enables us to reopen debates about political futures, and to locate proposals for change within this trajectory: it historicises the present as a way of arguing that things could be otherwise. Possibly because of its explicitly socialist political argument, it has not so far received the attention and acclaim of its predecessor.
SORRY - you are not registered as being permitted online access to the full text of this article
You have the following options:
- If you are viewing this via an institution or academic library you can ask that your institution takes out a Subscription to this journal.
- If you already have a Personal Subscription please login below
Forgotten your username / password? Click here to locate
- Purchase an annual Personal Subscription
PRINT + DIGITAL personal subscription (£40 / year)
DIGITAL personal subscription (£30 / year)
A Personal Subscription provides immediate access not only to the single article you are seeking, but also to all past and future articles in this journal up to the expiry of your annual (calendar year) subscription. - Purchase immediate access to this single article (UK£7.00) - Buy article Coming Soon
To cite this article
(2023) Michael Rustin on Thomas Piketty’s Capitalism and Ideology, Soundings, 2023(83), 142-152. https://doi.org/10.3898/SOUN.83.REV03.2023