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Thomas Piketty explains why the world is ripe for ‘participatory socialism’

14 Mar 2020

The French economist, whose first “Capital” book in 2014 became a surprise bestseller with its deep analysis of income inequality over the centuries, is back—and this time offering solutions to the complex problem in his new book, “Capital and Ideology.”

The recovery from the financial crisis was reportedly in full swing, with unemployment on the decline and the economy seemingly on the mend. The advance of digital culture was hurtling forward, shortening attention spans and leading print book sales to plummet yet again amid a sharp drop in the number of Americans reading for personal interest. So, in 2014, it seemed highly improbable that a dense near-700-page book by a French economist would become a surprise bestseller around the world.

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This content was originally published by Fast Company. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Fast Company

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