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John Cassidy: Is Surging Inequality Endemic to Capitalism?

John Cassidy: Is Surging Inequality Endemic to Capitalism? | Global politics | Scoop.it
French economist Thomas Piketty’s “Capital in the Twenty-first Century” is a sweeping account of rising inequality. Reviewing the French edition of the book, which came out last year, Branko Milanovic, a former senior economist at the World Bank, called it “one of the watershed books in economic thinking.” The Economist said that it could change the way we think about the past two centuries of economic history. Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore.
Daniel Renwick's insight:

the level of inequality in the United States is “probably higher than in any other society at any time in the past, anywhere in the world,” Piketty writes.

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Ecuador does not recognize Ukraine's 'illegitimate' govt - Correa ...

Ecuador does not recognize Ukraine's 'illegitimate' govt - Correa ... | Global politics | Scoop.it
To win the support of Ecuador, Ukraine should hold democratic elections and establish a legitimate government chosen by the Ukrainian people, Correa said. Moscow has also decried the coup-appointed government that ...
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