Thursday, February 6, 2020

Piketty on participative socialism

A review of his new book Capital and Ideology. The three pillars of participative socialism:
  1. Codetermination at the workplace
  2. Nationalization
  3. Tax progression.
"Thomas Piketty builds upon the Central and Northern European model of social partnership but he wants to push the codetermination even further. Workers should have more say in the management of their companies. This private sector with strong co-determination should stand alongside a strong public sector. The state should organise education, health and infrastructure, not the market."

He also wants to go back to a top income tax rate of 90%. You can see a Google books preview here.

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