Interview: Bard Economist Pavlina Tcherneva Talks with Thomas Piketty
Associate Professor of Economics Pavlina Tcherneva interviews French economist Thomas Piketty as part of the first-ever Global Forum on Democratizing Work, a project of the Open Society University Network’s Economic Democracy Initiative. Piketty’s groundbreaking book Capital in the Twenty-First Century (2013), showed through data collected on 200 years of tax records from the United States and Europe, a “central contradiction of capitalism”—that the return on capital exceeds the rate of economic growth. Thus, without government intervention, the wealthy continue to grow wealthier leading to unsustainable and undemocratic levels of economic inequality.
In their conversation, Tcherneva and Piketty discuss the #democratizingwork movement, how it resonates with Piketty’s work on wealth inequality and the future of capitalism, and how collective, multifaceted, and organized actions and efforts can address economic inequality. “Human beings are not simple resources and human wellbeing cannot be governed by market forces alone,” says Tcherneva.
Thomas Piketty is Professor of Economics at the School for Advanced Studies in the Social Sciences (École des hautes études en sciences sociales: EHESS), Associate Chair at the Paris School of Economics, and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics.
Post Date: 10-19-2021
In their conversation, Tcherneva and Piketty discuss the #democratizingwork movement, how it resonates with Piketty’s work on wealth inequality and the future of capitalism, and how collective, multifaceted, and organized actions and efforts can address economic inequality. “Human beings are not simple resources and human wellbeing cannot be governed by market forces alone,” says Tcherneva.
Thomas Piketty is Professor of Economics at the School for Advanced Studies in the Social Sciences (École des hautes études en sciences sociales: EHESS), Associate Chair at the Paris School of Economics, and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics.
Post Date: 10-19-2021