In an age of precarity, a left-wing demand for full employment could be massively popular. But liberalism can't deliver it.
Has the decline of the mass party caused the decline of democracy itself?
For all Piketty’s mainstream respectability, it is only the radical left and the labor movement — not treasuries and central banks — that can push his program.
Thomas Piketty’s Capital in the Twenty-First Century has been covered ad nauseam. But how it will change the ideological landscape remains to be seen.
With a vacuous social vision, economics confronts the “return of the social question” woefully unprepared.