The Reason Why We Should be Depressed About Bernie Sanders' Success

Bernie Sanders is not the same as Jimmy Carter, Bill Clinton, and Barack Obama. Sanders is not a neoliberal.Joseph Sohm / Shutterstock.com
The key and devastating idea in Thomas Piketty's masterpiece Capital in the Twenty-First Century, an idea that many missed or failed to appreciate, is that there is no law-like link between democracy and capitalism. As he points out at the beginning of the book, there was after the Second World War great belief in the Kuznets Curve. The economist Simon Kuznet