All Articles on Thomas Piketty

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Why We Need a Wealth Tax
Not only would a wealth tax raise revenue and help bring the economy back into balance, but it would also protect our democracy by reducing the influence of the super-rich on our political system.
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Approaching the centennial of that suffrage amendment, American women are in the midst of another dramatic and rapid transformation of their political role. (Wikimedia Commons/The New York Times/Suffragists march in New York City) Views
Looking Back at 1919: Immigration, Race, and Women’s Rights, Then and Now
The 100-Year-Old Echoes of 2019
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Socialism for the Rich, Capitalism for the Rest
While the weathly and powerful are coddled with public largesse, the rest of us are thrown into the jaws of an unforgiving economic system
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 1% of the population actually provides a quarter of all the money spent on politics by individuals and 80% of what the two major political parties raise. (Photo: Austin Kirk/flickr/cc) Views
Money Talks, Big Time
1% politics and the scandals of a new gilded age
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Debunking Billionaire Claims of Heroic Capitalism
"The notion that it is somehow legitimate for a tiny group of humans to cordon off the bulk of the world’s bounty for themselves is fairly astonishing, on the face of it."
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How a Failing Capitalist System Is Allowing Amazon to Cripple America
There may be no better argument for democratic socialism in America than the way individual state leaders have been falling over each other trying to lure corporations to their states with tax subsidies
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Carefully calculated by economists Emmanuel Saez and Gabriel Zucman, the proposal by Sen. Elizabeth Warren (D-Mass.), now running for president, sets a rate of 2 percent on fortunes valued between $50 million and $1 billion, and 3 percent above $1 billion. Views
A US Tax on Wealth Is Long Overdue
Between 1930 and 1980, the rate applied on the highest incomes was on average 81 percent, and the rate applied to the highest inherited estates was 74 percent. Clearly this did not destroy American capitalism.
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Sen. Bernie Sanders (I-Vt.) News
With Estate Tax on Nation's Richest, Bernie Sanders' "For the 99.8% Act" Applauded for Targeting "Tyranny of Plutocracy"
"From a moral, economic, and political perspective our nation will not thrive when so few have so much and so many have so little."
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Alexandria Ocasio-Cortez's 70 Percent Tax on the Rich Isn't About Revenue, It's About Decreasing Inequality
Progressive taxation should work as a corrective tax, like tobacco taxes or a carbon tax, fixing the problems created by exploitative capitalism
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Warren Forces Issue of Massive Economic Inequality Into 2020 Debate With 'Ultra-Millionaire Tax'
"It would be easier to argue against tax proposals like Warren's if their opponents weren't 200-year-old billionaire supervillains asking why unpaid federal workers need food."
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