In a piece for The Guardian, Thomas Piketty argues that inequality in the U.S. and the failure of governments to address it are the primary cause of Trump’s victory. He argues that:
The main lesson for Europe and the world is clear: as a matter of urgency, globalization must be fundamentally re-oriented. The main challenges of our times are the rise in inequality and global warming. We must therefore implement international treaties enabling us to respond to these challenges and to promote a model for fair and sustainable development.
Piketty’s claim about inequality seems plausible in part because of how mental distortions seem to be central to the social and political consequences of inequality.
I am increasingly open to the view that the two ideas are related, including through the sense of entitlement that accompanies privilege. The terrifying willingness to impose suffering and death on innocent people around the world and on nature in order to maintain a preferred lifestyle is at the heart of the climate crisis.
- Piketty on “the illusion of marginal productivity”
- Piketty on inequality
- Inequality, entitlement, and the breakdown of social cohesion
- Lack of justification for high executive pay
- No mild inegalitarianism
- Inequality in labor and capital income
- Welsh on inequality and political apathy
- Inequality, instability, and politics
- Tax wealth instead of income?
- Executive pay
- Inequality a problem in itself?