Critical notes on Thomas Pikettys The Capital in the XXI Century

Vol. 36 No. 4 (2016)

Oct-Dec / 2016
Published October 1, 2016
PDF-Portuguese (Pt-BR)
PDF-Portuguese (Pt-BR)

How to Cite

Marques, Rosa Maria, and Marcel Guedes Leite. 2016. “Critical Notes on Thomas Pikettys The Capital in the XXI Century”. Brazilian Journal of Political Economy 36 (4), 684-703. https://doi.org/10.1590/0101-31572016v36n04a02.

Critical notes on Thomas Pikettys The Capital in the XXI Century

Rosa Maria Marques
Professora Titular do Departamento de Economia e do Programa de Estudos Pós-graduados em Economia Política da PUC-SP.
Marcel Guedes Leite
Professor Assistente Doutor do Departamento de Economia e do Programa de Estudos Pós-graduados em Economia Política da PUC-SP.
Brazilian Journal of Political Economy, Vol. 36 No. 4 (2016), Oct-Dec / 2016, Pages 684-703

Abstract

This article aims to analyze some aspects of the latest book by Thomas Piketty, "Capital in the Twenty-First Century" from a Marxist point of view. The relationships that underlie his long-term analysis of the unequal distribution of income and wealth are addressed, his concepts of capital and long-term, as well as his interpretation of Marx's thought. The article also raised some problems in his database. The analysis takes as its starting point the critic ism made by some renowned Marxist authors such as Michel Husson, David Harvey and Yanis Varoufakis, as well as Robert Boyer. Among the conclusions, it is highlighted the fact that Piketty’s study is the ortically poorly grounded. 

JEL Classification: B51; O15; P16.


Keywords: Thomas Piketty, inequality, distribution of income and wealth, capitalism