Solidarity and Best Wishes to All on the First of May

And for a little light reading on the question of Capitalism and the Future here is Paul Mason’s intro to Thomas Piketty’s ‘Capital in the Twenty-first Century’.

Thomas Piketty’s Capital: everything you need to know about the surprise bestseller

Paul concludes,

Piketty’s Capital, unlike Marx’s Capital, contains solutions possible on the terrain of capitalism itself: the 15% tax on capital, the 80% tax on high incomes, enforced transparency for all bank transactions, overt use of inflation to redistribute wealth downwards. He calls some of them “utopian” and he is right. It is easier to imagine capitalism collapsing than the elite consenting to them.