(By University of Virginia political scientist Deborah Boucoyannis) “Marx Rises Again,” “The new Marxism,” “Thomas Piketty and Millennial Marxists”: with a title like “Capital in the Twenty-First Century,” it is not surprising that the specter of “Marxism” is looming over Thomas Piketty’s “monumental” blockbuster. Especially given its author’s prescription, with Emmanuel Saez, of 80 percent taxation on the top 1 percent of income earners. Yet the author sees himself as “Taking on Adam Smith (and Karl Marx...
