This guy is this weird Liberal that loves to rediscover things Marxists have known for a century and, because he's a liberal, will refuse to follow any of these things to their logical conclusion
I think it's good that a liberal is sort of unwittingly churning out heaps of data that confirm Marxist Leninist theories. Not saying that he is a covert Marxist but by being a gullible liberal he can continue to do this without being ostracised and labelled a tankie or seeseepee shill.
Piketty's book "Capital in the 21st Century" put a huge crack in my liberal ideology, and I only read the first few chapters. Namely, when he pointed out how doggedly persistent the flow of capital was from poor to rich outside of WW2 and the black plague, it made me realize how inadequate liberal politics were to solve it. After that, it was easy for me to see through the DNC's machinations when they fucked Bernie over, which is when I went truly radical.
Piketty, advertantly or inadvertantly, puts stuff out that van awaken class consciousness
Credit to him for laying it out in plain detail with lots and lots of research. Also popularizing it. Capital in the 21st Century is the only book on a piece of economic research that I've seen people reading on the bus. More than once.
Yes, but Says and Ricardo did talk about what he mentions here rudimentary, too. Marx, but also later empirical economists and political economists more than 50 years ago did highlight that, too.
Maybe I'm an idiot but Imho Marx basically solved economics. Sure some adjustments for different situations but the core is more or less a lawof economics, as in a law of physics.