[Zzlist-deux] Is There a Future for Social Democracy?

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Fri May 11 19:14:27 EDT 2018


 A new posting -
Is There a Future for Social Democracy?
<https://zzs-blg.blogspot.com/2018/05/is-there-future-for-social-democracy.html>
  - from Greg Godels is available at:

http://zzs-blg.blogspot.com/

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Karl Marx was right! That was the valuable lesson that Thomas Piketty
unwittingly delivered with his celebrated book, *Capital in the
Twenty-first Century*.1
<https://www.blogger.com/blogger.g?blogID=6679900905356691531#sdfootnote1sym>
While Piketty should be credited with bringing inequality back into the
popular spotlight, his most significant contribution was the powerful
empirical proof that the historic trajectory of capitalism was, in the
final analysis, to reward the owners of capital and beggar those who
produce it.

For the post-World War II generations, a different “truth” was fostered.
The period of relative prosperity (roughly defined as the growth of
broad-based living standards in close step with robust productivity growth)
that endured into the early 1970s was believed to be a new, permanent
feature of capitalism...
* TO READ MORE, PLEASE GO TO: *
*
https://zzs-blg.blogspot.com/2018/05/is-there-future-for-social-democracy.html
<https://zzs-blg.blogspot.com/2018/05/is-there-future-for-social-democracy.html>*
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