The South African Civil Society Information Service

What the One Percent Don't Want You to Know

22 Apr 2014

Both mainstream and leftist economists are heaping praises on French economist, Thomas Piketty's book, Capital in the Twenty-First Century. In his review of the book, New York Times columnist Paul Krugman argues, "The big idea of (the book) is that we haven't just gone back to 19th-century levels of income inequality, we're also on a path back to "patrimonial capitalism," in which the commanding heights of the economy are controlled…by family dynasties...This is a book that will change both the way we think about society and the way we do economics." Krugman talks about the book to Bill Moyers.

© Bill Moyers & Company

Editor’s Note: Read Paul Krugman’s comprehensive review of Capital in the Twenty-First Century here. Read an excerpt of the book Capital in the Twenty-First Century here.

Read more articles filed under Videos.

Read more articles tagged with: Capital in the Twenty-First Century, Thomas Piketty, Paul Krugman, inequality, income inequality, economic inequality, global financial crisis, capitalism.

You can find this page online at http://sacsis.org.za/site/article/1982.