Thomas Piketty’s new book, Capital and Ideology, appears in English translation next March. But I got a sneak preview by walking into my local Parisian bookshop and handing over €25 ($40) for the French edition. My conclusion: the 1200-page tome might become even more politically influential than the French economist’s 2013 overview of inequality, Capital in the Twenty-First Century.
Thomas Piketty says there is a growing understanding that so-called meritocracy has been captured by the rich.