The vision of institutional reforms: Capital and Ideology by Thomas Piketty

Abstract

The article is a polemic with selected considerations from Thomas Piketty’s Capital and Ideology. As a basis for future-oriented inquiry, Piketty takes inequalities from both the economic and sociological (especially educational) sphere, along with their sources and ways to address them. The book aims to present Piketty’s vision of a just system and the mechanisms to ensure its functioning. I focus on systemic issues, in which I view a discrepancy between Piketty’s commendable intentions and the objective possibilities of creating a coherent vision of transition.

Keywords

• history of economic thought
• institutions
• tax system
• state’s role