A CRITIQUE OF THOMAS PIKETTY'S 'CAPITAL IN THE TWENTY-FIRST CENTURY' - 3

A CRITIQUE OF THOMAS PIKETTY'S 'CAPITAL IN THE TWENTY-FIRST CENTURY' - 3

A CRITIQUE OF THOMAS PIKETTY’S ‘CAPITAL IN THE TWENTY-FIRST CENTURY’ – 3

  CONTAINING CAPITAL – 3

  Prasanna K Choudhary

Thomas Piketty zimbio.com

3. CAPITAL SOCIAL AND SELF-EXPANDING – 1

MONEY IS NOW PREGNANT. Goethe, ‘Faust’, Part I, Scene5.1

Let me begin with Thomas Piketty’s definition of capital, labor and ‘return on capital’. After all, ‘capital’ and ‘return on capital’ form the basic theme of the book.

Piketty writes, “In this book, capital is defined as the…

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prasannachoudhary - Wandering Mind
Wandering Mind

'Naitaavad enaa, paro anyad asti' (There is not merely this, but a transcendent other). Rgveda. X, 31.8.

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