Is Thomas Piketty’s Capital in the Twenty-First Century just a rehash of Marx’s Das Kapital?

When Thomas Piketty’s book Capital hit U.S. markets this year the response was both surprising and predictable. Surprising because a 700 page tome on economics became a bestseller! On the other hand the responses were predictable. The book received adulation from the Left and disgust from the Right. The polarizing effect of this book is immediately evident if one glances at the ratings of the book on Amazon.com. Out of 718 reviews 406 are 5 star reviews and 175 are 1 star reviews (viewed on June 26, 2014). Interestingly, the mean-spirted nature of the reviews was just as newsworthy as the book itself.

So I decided to take a look for myself. Like many comments on the internet, they were “nasty, brutish, and short,” to borrow Hobbes’ famous phrase. I only managed to make it about half way through the reviews, wishing that I had stopped sooner. The repetitive and spiteful nature of the reviews were making me nauseous. Here is just a sampling of some of the titles:

“Das Kapital Re-do”

“It’s Still Socialism/Communism/Facism[sic]”

“Don’t let this Marxist fool you.”

“Serious marx bull &&&&.”

“This book is nothing but re-hashed socialist BS”

“Das Kapital , by Karl Marx – has already been written , this is the same ideology !”

“Marxist propaganda”

“Piketty’s book would be better titled “The Communist Manifesto Lite”’

“Communist Propaganda at it finest”

“MARX Reincarnated”

“Karl Marx would love this book”

“Save your time and read Karl Marx’s Das Kapital instead”

“Communist Manifesto of the 20th century”

“Say Hello to the new Karl Marx”

“Karl Marx redux”

The content of these reviews didn’t add much to these titles (other than to flaunt the failures of socialism and demonize Piketty and liberals). The basic theme of these reviews was that Piketty’s book deserves a 1 star because it is pure Marxism.[1]

tea-party-rally socialism

Tea Party Rally

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Is Thomas Piketty’s Capital in the Twenty-First Century just a rehash of Marx’s Das Kapital?

When Thomas Piketty’s book Capital hit U.S. markets this year the response was both surprising and predictable. Surprising because a 700 page tome on economics became a bestseller! On the other hand the responses were predictable. The book received adulation from the Left and disgust from the Right. The polarizing effect of this book is immediately evident if one glances at the ratings of the book on Amazon.com. Out of 718 reviews 406 are 5 star reviews and 175 are 1 star reviews (viewed on June 26, 2014). Interestingly, the mean-spirted nature of the reviews was just as newsworthy as the book itself.

So I decided to take a look for myself. Like many comments on the internet, they were “nasty, brutish, and short,” to borrow Hobbes’ famous phrase. I only managed to make it about half way through the reviews, wishing that I had stopped sooner. The repetitive and spiteful nature of the reviews were making me nauseous. Here is just a sampling of some of the titles:

“Das Kapital Re-do”

“It’s Still Socialism/Communism/Facism[sic]”

“Don’t let this Marxist fool you.”

“Serious marx bull &&&&.”

“This book is nothing but re-hashed socialist BS”

“Das Kapital , by Karl Marx – has already been written , this is the same ideology !”

“Marxist propaganda”

“Piketty’s book would be better titled “The Communist Manifesto Lite”’

“Communist Propaganda at it finest”

“MARX Reincarnated”

“Karl Marx would love this book”

“Save your time and read Karl Marx’s Das Kapital instead”

“Communist Manifesto of the 20th century”

“Say Hello to the new Karl Marx”

“Karl Marx redux”

The content of these reviews didn’t add much to these titles (other than to flaunt the failures of socialism and demonize Piketty and liberals). The basic theme of these reviews was that Piketty’s book deserves a 1 star because it is pure Marxism.[1]

tea-party-rally socialism

Tea Party Rally

Continue reading