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OpEdNews Op Eds    H4'ed 5/13/14

Thomas Piketty's "Capitalism"; a review

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Which simply means that free-floating mega billionaire oligarchs no longer have a need for a state, or, are the least concerned with the idea of a common good, or saving humanity or the globe, etc. -- let alone a need for state control or supervision of their always mindless accumulation of wealth that can never be spent either by themselves or the next ten generations of their progenies. Couple this with the fact that democratic systems, (the end of the political evolutionary track, at least according to Francis Fukuyama) are as flawed as every other political system when it comes to being easily manipulated by fascistic monied interests, and it is difficult to build a case for the author's suggestion of a revived, saner, less greedy form of capitalism, one that will evolve in time to save the mad capitalist oligarchs from themselves? Seven hundred and fifty pages have not convinced me otherwise. One can still see the flaws glaring beneath all the neo-"capitalist sweet talk."

As a profoundly "pro-capitalist" myself, I simply see no logical way out: no way to wean the greedy billionaire oligarchs off the tit of accumulating more than they will ever need in the next 100 life times? This book gives me little or no comfort. Four stars.

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Retired Foreign Service Officer and past Manager of Political and Military Affairs at the US Department of State. For a brief time an Assistant Professor of International Relations at the University of Denver and the University of Washington at (more...)
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