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What do you think of Nassim Nicholas Taleb's claim that Piketty basically has his math all wrong? https://medium.com/incerto/inequality-and-skin-in-the-game-d8

What do you think of Nassim Nicholas Taleb's claim that Piketty basically has his math all wrong? https://medium.com/incerto/inequality-and-skin-in-the-game-d8f00bc0cb46 https://medium.com/incerto/inequality-and-skin-in-the-game-d... >>with not only capital in general but the state too Why should capital in general be a problem? Isn't it crony capitalism the actual problem? If you are very rich, that isn't usually a problem to your neighbor. But if you are very rich and can thus get away with tax evasion but your neighbor lands in jail for the same reason, isn't that when it actually becomes a problem?

claudiawerner 6y ago
I haven't read Taleb's response; I might, though Pikkety is less my focus, because I think he spends a lot of time arguing for the system, but continuing along the line of reducing inequality, rather than questioning the system itself. I see capital as a problem precisely not as a matter of quantity (one person having more than another), but as a matter of quality. While 'crony capitalism' is obviously a problem, I don't think it's the root of the problem, philosophically speaking. I'd still think that a system in which a rich person can't get away with tax evasion has serious problems. This is where I likely diverge from, say, Warren's or even Sanders' platform (speaking as someone not from the US). I think deep issues (exploitation, domination, and alienation) deserve a look, even if they seem to be an alien perspective from the outset.