Streaming issues? Report here
kenny-m-103apppsm-smalljpg kenny-m-103apppsm-smalljpg
Soulful Sundays with Kenny Maistry
10:00 - 13:00
volume_up
volume_mute

Up Next: Soulful Sundays with Paul Mtirara
See full line-up
Soulful Sundays with Kenny Maistry
10:00 - 13:00
Home
arrow_forward
Business
fiber_manual_record
Opinion
fiber_manual_record
Politics

Property rights do not drive progress, but struggle for equality does – Piketty

29 June 2020 7:37 PM
Tags:
Economy
Poverty
Inequality
Education
Politics
The Money Show
Bruce Whitfield
History
Socialism
capitalism
book review
business book review
business books
identity politics
Equality
book reviews
business book reviews
Thomas Piketty
Gini coefficient
Ed Stoddard
Capital and Ideology
Capital in the Twenty-First Century
economic system
ideology
property rights

Politics of the left and right are failing argues Thomas Piketty in his latest New York Times Best Seller, "Capital and Ideology".

Every week The Money Show’s Bruce Whitfield asks a great business mind to review a trending business book.

This week Whitfield interviewed Ed Stoddard, a journalist at Business Maverick.

Stoddard spoke about famed economist Thomas Piketty’s latest New York Times Best Seller, “Capital and Ideology”.


Related articles:


The description on ExclusiveBooks.co.za:

The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system.

Thomas Piketty's bestselling “Capital in the Twenty-First Century” galvanised global debate about inequality.

In this audacious follow-up, Piketty challenges us to revolutionise how we think about politics, ideology, and history.

He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system.

Our economy, Piketty observes, is not a natural fact.

Markets, profits, and capital are all historical constructs that depend on choices.

Piketty explores the material and ideological interactions of conflicting social groups that have given us slavery, serfdom, colonialism, communism, and hypercapitalism, shaping the lives of billions.

He concludes that the great driver of human progress over the centuries has been the struggle for equality and education and not, as often argued, the assertion of property rights or the pursuit of stability.

The new era of extreme inequality that has derailed that progress since the 1980s, he shows, is partly a reaction against communism, but it is also the fruit of ignorance, intellectual specialisation, and our drift toward the dead-end politics of identity.

Once we understand this, we can begin to envision a more balanced approach to economics and politics.

Piketty argues for a new “participatory” socialism, a system founded on an ideology of equality, social property, education, and the sharing of knowledge and power.

“Capital and Ideology” is destined to be one of the indispensable books of our time, a work that will not only help us understand the world, but that will change it.

Listen to the detailed review in the audio below.


This article first appeared on CapeTalk : Property rights do not drive progress, but struggle for equality does – Piketty


29 June 2020 7:37 PM
Tags:
Economy
Poverty
Inequality
Education
Politics
The Money Show
Bruce Whitfield
History
Socialism
capitalism
book review
business book review
business books
identity politics
Equality
book reviews
business book reviews
Thomas Piketty
Gini coefficient
Ed Stoddard
Capital and Ideology
Capital in the Twenty-First Century
economic system
ideology
property rights

Recommended

More from Business Books

Bruce Whitfield in Davos 2020

The Money Show's Bruce Whitfield talks about his book, the Upside of Down

11 May 2020 8:04 PM

A strong, positive mindset is one trait Bruce Whitfield has identified in two decades of interrogating how billionaires think.

Share this:
Read More arrow_forward

47014225-sy475-jpg

Rebel Ideas: The Power of Diverse Thinking by Matthew Syed

10 March 2020 4:55 PM

This bestseller examines the power of 'cognitive diversity' - the ability to think differently about the world around us.

Share this:
Read More arrow_forward

business-deal-interview-job-office-boss-123rfjpg

‘Negotiation, your hottest currency’

24 February 2020 7:57 PM

You are just one deal away from turning your dreams into reality.

Share this:
Read More arrow_forward

downloadpng

'That will never work' - the birth of Netflix and the amazing life of an idea

10 February 2020 8:25 PM

From having to pitch his own mother on being an early investor, to server crashes on launch day - how Netflix was born.

Share this:
Read More arrow_forward

Malcolm Gladwell

Right way to talk to strangers is with caution and humility - Malcolm Gladwell

26 November 2019 1:52 PM

Ian Mann reviews Malcolm Gladwell’s new book, “Talking to Strangers: What We Should Know about the People We Don't Know”.

Share this:
Read More arrow_forward

Gavin Watson

How Gavin Watson's Bosasa - born from ANC Women’s League – captured the State

19 November 2019 11:29 AM

Bruce Whitfield interviews News24 Editor Adriaan Basson, author of "Blessed by Bosasa - Inside Gavin Watson's State Capture Cult".

Share this:
Read More arrow_forward

Land-Pic-Site.jpg

'South Africans have to show greater respect for our farmers'

12 November 2019 1:43 PM

“I spent a year travelling 100 000 km [crisscrossing SA researching farmers]. It changed my perspective,” says author Ivor Price.

Share this:
Read More arrow_forward

Open for business

How to build a business you can sell

29 October 2019 2:38 PM

Small business expert Pavlo Phitidis discusses his book "Sweat, Scale, $ell: Build Your Business into an Asset of Value™".

Share this:
Read More arrow_forward

Income tax

How to get a nice, fat tax refund from Sars (a guide for business owners)

9 October 2019 2:57 PM

The Money Show's Bruce Whitfield interviews Daniel Baines, author of "How to Get a Sars Refund for Small Businesses".

Share this:
Read More arrow_forward

Christo Wiese

How Christo Wiese became the richest in SA, and how it all came crashing down

1 October 2019 3:28 PM

The Money Show’s Bruce Whitfield interviews TJ Strydom, author of “Christo Wiese - Risk And Riches”.

Share this:
Read More arrow_forward