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Jim C.
Member since May 2012
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Piketty Dikitty Rikitty

- James Howard Kunstler -

According to Kunstler Capitalism "... became both a moral embarrassment and a political inconvenience. So among the intellectual grandiosities of modern times is the idea that this massive wealth can be politically managed to produce an ideal equitable society — with no side effects."

...which shows that Kunstler either doesn't know what Capitalism is or is trying to mislead his readers. Capitalism has NOTHING to do with politics. Ideally it is unhindered barter between individuals with no overriding authority. To the extent that such authority exists is the extent to which Capitalism ceases to be Capitalism and becomes Socialism.

Kunstler adds this, "After all, the second leading delusion in our culture these days, after the wish for a something-for-nothing magic energy rescue remedy, is the idea that we can politically organize our way out of the epochal predicament of civilization that we face."

Kunstler's is pissed because the Socialists currently in power (Obama and his cronies whom he voted for twice) are not using the coercive power of government to his liking. Kunstler would coerce (threaten with force) individuals in his own skewed way.

Commented 3647 days ago

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Beginning of the headline :T he debate over Thomas Piketty’s new book Capital in the Twenty-First Century is as dumb as every other issue-set in the public arena these days — a product of failed mental models, historical blindness, hubris, and wishful thinking. Piketty’s central idea is that wealth will continue to accumulate and concentrate among individual rich families at ever-greater rates and therefore that nation-states should take a number of steps to prevent that from happening or at least attempt to correct it. T... Read More

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