Capital in the XXIst Century? Mostly Derivative

Everybody is exploiting the new Marx who denies any affiliation with Papa Marx, or he denies it when he speaks American English. That is Mr. Piketty. The latest to exploit him is the Financial Times (FT). Otherwise a venerable institution – a bit unhappy perhaps that the Reaganesc formula of “do nothing to upset the rich” does not seem to be as popular as a year ago.

The French publication l’Express recently wrote:

We found errors in Professor Piketty’s work, major errors related to the data used to support his conclusions.

Indeed, this is a grave accusations. When asked to elaborate, FT took its time and then added:

The Professor used tables to present his data when everybody knows that pie charts are the way to do it objectively.

TPV tried to reach Professor Piketty for a comment on this serious accusation, but we were told by his American agent that the author had not heard of FT, so for him FT did not exist.

How could Piketty elaborate on derogatory comments from non existent institutions?

We admired his logic, hung up, and called it a day.

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DANA NEACSU

Capital in XXIst Century? Mostly Derivative