– from Zoltan Zigedy is available at:
http://zzs-blg.blogspot.com/

In a country where sports stars are offered as role models and actors aspire to political office, celebrity intellectuals are a rarity. Thus, the meteoric rise of economist Thomas Piketty to celebrity status comes as a surprise. The English language edition of his book, Capital in the Twenty-First Century, sold out swiftly while reaching best-seller stature, a unique achievement for a book originating from an academic press. Possessing charm, wit, and youthful good-looks, Piketty toured the US, generating demand from myriad talk-show hosts and magazine interviewers.
A month before its release, sensing that Piketty had something fresh to offer, I wrote:

Piketty’s argument is a welcome antidote to the paucity of explanatory theory presented by the liberal and social democratic punditry. The controversy stirred by Piketty’s argument well before its English-language availability is a sure sign that he offers something beyond the conventional… Closer examination of Piketty’s interesting thesis must await publication of the book. (ZZ’s Blog, Tuesday, February 11, 2014)

Little did I suspect that Piketty-mania would spawn a sustained discussion penetrating the highest reaches of the mass media. Piketty’s argument has shattered the navel-gazing of academic economists, while demonstrating an intuitively obvious fact in a way that even the most thick-headed pundit can understand: capitalism produces and reproduces inequality. Unfortunately, Piketty timidly hesitates to draw an equally compelling conclusion: the only way to eliminate unjust inequality is by eliminating capitalism. It’s as though a researcher has discovered the cause of cancer, but is reluctant to endorse its cure.

My own thoughts on Piketty’s provocative, stimulating book are posted on Philosophers for Change.

The Piketty phenomenon overshadows what may well be an even more provocative, suggestive study by two US professors, Martin Gilens and Benjamin I. Page. Their paper, Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens (forthcoming in Perspectives on Politics), offers results that could shake the complacency of political theory in much the way that Piketty’s book rocked bourgeois economics…. To read the rest of the article, go to: http://zzs-blg.blogspot.com/