MixedBloombergPiketty’s book doesn’t do a good job of explaining how an inevitable collapse in property prices will affect the tax base and investment ... When you want to set a super-ambitious goal, it won’t do to get bogged down in details. Nitpicking questions haven’t defeated the populists, so why should they hinder new \'egalitarian coalitions\'? ... I hope Piketty’s book shocks Europe’s listless center-left parties into moving beyond boring incrementalism ... If you can get through all of this book, you could believe that anything is possible—even \'participatory socialism.\' But it isn’t, and its very impracticality only detracts from Piketty’s economic analysis.
