Piketty’s “Capital In The 21st Century”

[socialist_n_TN]

4. OK, I haven't read the book.........

HOWEVER I did read this article and it's difficult to see how these four "radical conclusions" are NOT a Marxist analysis, in spite of what the writer might want us to think. Of those 4 radical conclusions, ALL of them were foreshadowed by Marx, Engels, Lenin, Trotsky, et.al.

1) Marx called this a "rentier" economy and wrote quite a bit about it.
2) This is part of the Marxian concept of the reserve army of labor.
3) Marx and, more especially, Engels developed and wrote on these socio-political aspects of capitalism.
4) This ties directly into the Marxist idea of internationalism of the working class as the antidote to this globalization of capitalism. Developed further by Lenin and Trotsky and the idea of imperialism.

I think that the writer is just trying to run from the label of Marxist.