Time for Socialism: Dispatches from a World on Fire, 2016-2021

by Thomas Piketty Narrated by L.J. Ganser

Overview

A chronicle of recent events that have shaken the world, from the author of Capital in the Twenty-First Century

As a correspondent for the French newspaper Le Monde, world-renowned economist Thomas Piketty has documented the rise and fall of Trump, the drama of Brexit, Emmanuel Macron's ascendance to the French presidency, the unfolding
of a global pandemic, and much else besides, always from the perspective of his fight for a more equitable world. This collection brings together those articles and is prefaced by an extended introductory essay, in which Piketty argues that the
time has come to support an inclusive and expansive conception of socialism as a counterweight against the hypercapitalism that defines our current economic ideology. These essays offer a first draft of history from one of the world's leading
economists and public figures, detailing the struggle against inequalities and tax evasion, in favor of a federalist Europe and a globalization more respectful of work and the environment.

Editorial Reviews

From the Publisher

What makes this manifesto noteworthy is that it comes from . . . an economist who gained his reputation as a researcher with vaguely left-of-center sensibilities but was far from a radical. Yet the times are such . . . that even honest moderates are driven to radical remedies.”—Robert Kuttner, New York Times

“Each page offers an interesting provocation.”—Kirkus Reviews

“Lively, thought-provoking, grounded in facts, and resolutely optimistic—these essays grapple with the big questions of our time, from the rise of Trumpism and Brexit, to gender inequality and wealth taxation.”—Gabriel Zucman, University of California, Berkeley

“Thomas Piketty’s personal journey from liberalism to socialism, at a time when socialism was in retreat, is a mark of the man’s ethos but also evidence of the soul-crushing inhumanity of our post-2008 hypercapitalism. Reading this volume of collected essays offers important glimpses to the parallel evolution of our political economy and of one of its most renowned scholars.”—Yanis Varoufakis, author of Another Now and leader of MeRA25 in Greece’s Parliament

Kirkus Reviews

2021-08-13
The noted French economist makes the case for overhauling the global economy to provide greater equality.

“In a large-scale federal community, bound by agreements on the free movement of goods, people, and capital, it is logical to entrust a central government with the key role for the taxes, ensuring the greatest redistribution.” So writes Piketty in a statement guaranteed to induce howling fits in strict libertarians. Advocating a technocratic, even bureaucratic socialism in this collection of columns from Le Monde, the author builds a careful case. The world hasn’t become poorer, writes Piketty, but the world’s governments have, thanks to a widespread program of corporate tax breaks and other economic concessions to people who do not need them. This immiseration of government has significant effects, one of the most visible of which is an impoverishment of the educational system. Inequality results from the fact that private wealth has been rising far faster than public wealth has been declining. “There is absolutely no sense in making tax gifts to groups who are old and wealthy and have already done very well in recent decades,” Piketty argues sensibly. He urges governments to impose both hefty estate taxes and far higher graduated income taxes, and he also suggests that at the age of 25, young people be given outright grants of $150,000 or so to help lift them up in the marketplace and encourage innovation and economic diversity. With such a boost, it would be possible for those young people to start their own businesses and take risks instead of settling in desperation for whatever job comes along. Piketty’s arguments are piecemeal and sometimes written as if for fellow economists, with his proposed reforms coming one after another. Readers might have found it more useful had he used his columns as a mine for a more coherent argument rather than reprinting. Still, each page offers an interesting provocation.

Readers of like-minded political bent will find Piketty’s arguments powerful, if a touch arid.

Product Details

BN ID:	2940173222466
Publisher:	Recorded Books, LLC
Publication date:	10/26/2021
Edition description:	Unabridged

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