Much higher interest rates – due to Western central banks – are suffocating developing nations,…
Capitalism, Inequality and Globalization: Thomas Piketty’s “Capital in the Twenty-First Century” Prabhat Patnaik
The author reviews Thomas Picketty’s book and argues that his conclusions are based on highly untenable assumptions in a theoretical framework that is already discredited.
Capitalism_Inequality_Globalization (Download the full text in PDF format)