30 Dec 2014

Growthism: "Capital in the Twenty-first Century" by Thomas Piketty

Great commentary by Rupert Read on Thomas Piketty’s "Capital in the Twenty-first Century"and its "growthism". He writes that one limitation of Piketty’s political economy "has already been fairly widely commented on: Piketty’s almost complete failure, after a promising start in chapter 1 of his book, to analyse his subject in relation to Marxian questions of class or exploitation. I will focus here, however, on the other fatal absence from Piketty’s political economy: his failure to take seriously the ecological limits to growth."