Thomas Piketty: Joe Biden needs to listen to Bernie Sanders and Elizabeth Warren

Democracy Now!

Published on Apr 30, 2020

Thomas Piketty says the U.S. Democratic Party has lost touch with average people over the last several decades. The acclaimed French economist, whose 2014 book “Capital in the Twenty-First Century” was a global best-seller, says the economic model in much of the Western world has dramatically increased inequality, and Democrats need to show people they understand the problem and that they are willing to redistribute wealth from the top to the rest of society. “Bernie Sanders and Elizabeth Warren didn’t win the primary, but their wealth tax proposal was extremely popular among voters — and not only among Democratic voters, but also among Republican voters,” he says. “I think Joe Biden would be well inspired to borrow some of these ideas in order to show that more economic justice can actually come together with more economic prosperity, which was the case historically for a very long time in the United States but has ceased to be the case.”

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