Readers of these pieces will be familiar with Thomas Piketty the French economist who a few years ago wrote Capital in the Twenty First Century and whose impact is reflected in our emphasis upon inequality. He has now written a kind of sequel Capital and Ideology which some say will do for politics what the Capital book did for economics. The 1200 page book which was just published in France will be available in English next March but Piketty has already given interviews and spoken of his new ideas. He says he wanted to redress what he perceived as a weakness in Capital where he only dealt with the West. In this one he deals with the whole world. In the first part of the book he makes clear how the idea of property including slave ownership had political and ideological ramifications. The second part addresses recipes for how he sees the problems that lay behind the inequalities we have today. Some are quite radical, he asks for example that we give up on the idea of property as being essentially sacred, an idea upon which capitalism and modern economies are built. He also suggests that wealth could be borrowed, in other words we could own it temporarily for certain periods of time. He also suggests that all young people be given an inheritance before they start their adult life not after, in certain ways hoping to level the playing field. One headline I saw said Piketty wanted to do away with billionaires leading me to believe that in today’s US some of these ideas are already talked about. Whether they’re radical or not, whether they can actually be implemented or not may not be the crux of this book’s importance. It may be that like the other one it forces us to grapple with issues crucial to social justice.
October 2019
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A Belief in Government
For decades now, mainly since Ronald Reagan declared that government was the problem, trust in government and public institutions has declined. Currently 21% of Republicans or Republican leaning independents feel they can trust the government while 14% of Democrats do. And sadly in a partisan era more Democrats than Republicans trusted government during the Obama administration. The labels attached to each party’s underlying philosophy, for example that Democrats see government as an answer to social problems, obviously contribute to the partisanship behind trust in government. That’s why what’s going on in California is certainly worth notice. The state government is using its power to compensate, make up for, offset or contradict the laws and actions of the current administration. We’ve heard about the law making Uber and Lyft drivers employees instead of contractors, and also of a statewide rent control law meant to protect tenants against the kind of rent increases that could render them homeless. There is also a law not yet signed by the governor making medical abortions (that is the 2 pills combo) available to those who want or need it on all state universities. Chris Lehane, a former political advisor to Bill Clinton, calls this a renaissance in the belief in government. The administration is of course trying to challenge California’s resistance. But the trend may well go beyond their failure or victor, the idea that government can pass constructive laws to better the lives of its citizens may be positioned to make a comeback, suggesting we revisit the idea that government is the problem as well as the role of government in general.