In my last post, I claimed that Piketty offers four evaluative and four prescriptive arguments in Capital in the 21st Century. In this post, I will reconstruct and examine claims 1E and 1P. To repeat them:
Bleeding Heart Libertarians
1E. Social Instability: the danger of r > g and patrimonial capitalism is that wealth inequality will produce some bad form of social instability, perhaps even violent revolution.
1P. Restoring Stability: A global progressive capital tax will reduce wealth inequalities, and so will undermine, correct or at least restrain the instabilities generated by capitalism.
Thomas Piketty’s Problematic Political Philosophy Part II: Inequality and Social Stability
Kevin Vallier | Assistant Professor of Philosophy at Bowling Green State University
No comments:
Post a Comment