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Author: Stephen Kaufmann
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  1. Stephen Kaufmann _ Thomas Piketty's 'Capital in

    That is how the critique of Doug Henwood, David Graeber and others can be understood. 'The major frustration of the book is political', writes Henwood, publisher of the American newsletter Left Business Observer and author of Wall Street: How It Works and for Whom.32 Piketty does not deal with the question of which political forces affect inequality and the wage ratio. Piketty ignores 'the most obvious' reason for the lower capital–income ratio, according to Graeber.
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