Against Thomas Piketty & Creeping Socialism – HuffPost
Thomas Piketty seems to be the darling of 21st century intellectuals as Ortega y Gasset was of the 20th century. His masterly researched and written magnum opus Capital in the Twenty-First Century has been touted by both the European and the American left, and it is essentially Marx 2.0, or one might say Marx for the 21st Century. He showcases his erudition throughout the text, and one should note that his tone is not radical or revolutionary, but rather composed, intellectual and academic. He comes to us as the scholar, the professor, not the angry radical with his fist in the air, but one should not be seduced by his cerebral and congenial manner, as his ideas and sentiments are as pestilential as Mao Zedong, Karl Marx, Hugo Chavez, Fidel Castro and others of their ilk.
His aims are, among others, global registry of financial assets, global coordination of wealth taxation, and progressive wealth tax rates. One in The United States of America and in the West should be as concerned of this as others seem to be of Islamism and Sharia, and one might label his oeuvre Creeping Socialism. All elements of privacy would be eradicated in Pikettys dystopia (though he would term it a Utopia, I am sure), and the spirit of collectivism would triumph over the spirit of rugged individualism that we so cherish. Americans should always be on guard against the type of phrases that he uses such as the common good, the general interest and of course the oft-used the people, as all are precursors of Socialism. He notes, A tax on capital would promote the general interest over private interests while preserving economic openness and the forces of competition. (Piketty, 471) It should be stated that Frances 75% wealth tax that Piketty gushes over was a complete and abysmal failure and had to be rescinded, as the wealthy, the professional, and the accomplished French fled to Russia (Gerard Depardieu), the U.K. Belgium and Switzerland, among others. This same scenario played out here in America when California raised its taxes. The wealthy and accomplished hightailed it for Nevada, Texas and Florida.
Socialists and progressives seem to thrive in what The Great One at Yale Harold Bloom termed The School of Resentment though he meant it in a Literary sense against those who have attacked great works of Art based upon gender, race and class, but let us leave Literary matters aside and return to Piketty. One can well imagine Piketty, Cornell West, Elizabeth Warren and Bernie Sanders standing on a street corner together, having a cup of coffee, complaining about Trumps latest vulgar tweet, when a gleaming Ferrari pulls up to the light. Undoubtedly, they would resent the selfish capitalist showing off his wealth in such an ostentatious way and mention the struggle of working people and so on and so forth. Yet is not the spirit of America, the spirit of capitalism, to see that car and say Wow - how did this person attain that sense of success and how can I achieve it too? Maybe they could offer some economic-advice? The difference is that the Socialist resents whereas the Capitalist aspires, and is not economic aspiration in our blood as Americans? Did not our ancestors flee the class-based stratified societies of the Old World to seek economic opportunity - to go from being the help to having help - to go from toiling on the land as a serf to being the landowner - to go from paying rent to collecting rent? Sam Zell, the successful American capitalist, commented accurately that the 1% should be emulated, not resented, and I could not agree more.
If one studies the Cultural Revolution in China, one sees that the enemies of the Chinese communists were intellectuals, individual exceptionalism, rich farmers, rich landowners and private business interests. I remember when studying this thinking to myself that I aspired to be everything that the Chinese Communists and Piketty resent and despise. To read voraciously in my spare time so as to rival the intellectual habits of Oxford dons, to train maniacally in the gymnasia to attain physical exceptionalism that equals an ancient Greek sculpture, to one day own land as a landlord and/or farmer and to have private business interests. And I strongly believe that all Americans, and all men/women, should at least have some of these aims, be it to think for oneself not as part of a collectivist herd, to be an independent farmer like Jefferson or Thoreau, to be a rich landlord like Trump (even though you may not like him personally or approve of his political persuasions), or to be a rich investor like Warren Buffett/Charlie Munger. For to be rich is to be free. Munger himself comments, Like Warren (Buffett, not Elizabeth) I had a considerable passion to get rich. Not because I wanted Ferraris - I wanted the independence. I desperately wanted it. (Lowenstein, 75)
One should note however that the sentiments of Piketty, Warren and Sanders are not novel as this spirit of resentment is referenced by Napoleon Hill in his seminal Think and Grow Rich where he states, For more than twenty years it has been a somewhat popular and growing pastime for radicals, self-seeking politicians, racketeers, crooked labor leaders, and on occasion religious leaders, to take pot-shots at Wall Street, The Money-Changers, and Big Business. The practice became so general that we witnessed during the business depression, the unbelievable sight of high government officials lining up with the cheap politicians, and labor leaders, with the openly avowed purpose of throttling the system which has made Industrial America the richest country on Earth. (Hill, 60) Was he describing 1937 or 2017 ?
As America moves forward into the the 21st century it would seem obvious that we are going to face many threats with perhaps the top three being The Rise of China, Creeping Sharia (Islamism in general), and Creeping Socialism and while the first two will likely be more problematic, one should not discount the threat of Piketty and other academics/politicians who come not with all the Gold of Asia, with dirty nukes, but rather with a smile, a friendly mien, clutching Marx under one arm and Lenin under the other.
-Pietros Maneos, The American Capitalist,
The Morning Email
Wake up to the day's most important news.
View original post here:
Against Thomas Piketty & Creeping Socialism - HuffPost
- Capitalism Improves Human Lives, Socialism Does the Opposite - The Daily Signal - February 2nd, 2026 [February 2nd, 2026]
- SCOOP: Trump administration rolls Trump Accounts out as "the antidote to socialism" - Washington Reporter - February 2nd, 2026 [February 2nd, 2026]
- Denouncing Socialism While Supporting It - oklahomaconstitution.com - February 1st, 2026 [February 1st, 2026]
- Columnist says socialism can't succeed anywhere amid Venezuelas political turmoil - Fox News - January 30th, 2026 [January 30th, 2026]
- Socialism: understanding the theory, the path, and the process - Communist Party USA - January 30th, 2026 [January 30th, 2026]
- In Defense of Democratic Socialism and a Critique of Capitalism and Feudalism - Daily Kos - January 30th, 2026 [January 30th, 2026]
- As capitalism hurtles to dictatorship and world war, young people must join the struggle for socialism! - World Socialist Web Site - January 30th, 2026 [January 30th, 2026]
- Trump Accounts touted as wealth-building tool for next generation, measure against socialism - Read Lion - January 30th, 2026 [January 30th, 2026]
- Koutsoumbas: The KKE will become strong, ready to answer the call of history, for socialism! - In Defense of Communism - January 30th, 2026 [January 30th, 2026]
- Scott Bessent on the 39% of young Americans thinking favorably of socialism: Theyre just not invested in the stock market - Fortune - January 30th, 2026 [January 30th, 2026]
- David Kaufman: The rise of Mamdani socialism will come at the expense of Black people - National Post - January 26th, 2026 [January 26th, 2026]
- In Defense of Private Property: Repelling the Rise of Socialism - Crisis Magazine - January 6th, 2026 [January 6th, 2026]
- Maoism offered as a bogus alternative to African Socialism and Pan-AfricanismPart Two - World Socialist Web Site - January 6th, 2026 [January 6th, 2026]
- Maoism offered as a bogus alternative to African Socialism and Pan-AfricanismPart 1 - World Socialist Web Site - January 6th, 2026 [January 6th, 2026]
- Stossel: Examining the myths and realities of socialism vs. capitalism - MSN - January 6th, 2026 [January 6th, 2026]
- Mamdanis warmth of collectivism. Tell me again that socialism isnt communism | Opinion - SILive.com - January 4th, 2026 [January 4th, 2026]
- Quote of the day by Ronald Reagan: Socialism only works in two places - The Economic Times - January 4th, 2026 [January 4th, 2026]
- What is socialism and how it turned Venezuela into a living hell under Nicholas Maduro - WION - January 4th, 2026 [January 4th, 2026]
- New York's Socialism Era Begins with Knicks Giving Tyrese Maxey Part Ownership of Madison Square Garden - Crossing Broad - January 4th, 2026 [January 4th, 2026]
- This is the most vivid example of socialism destroying an economy: Venezuelan activist - Fox News - January 4th, 2026 [January 4th, 2026]
- Dave Ramsey Says Belief That Becoming Wealthy Is 'Blind Luck' Is 'Moronic' And 'Demotivating' Thinks It 'Rolls Socialism In With A Red Carpet' -... - January 4th, 2026 [January 4th, 2026]
- How to Mamdani-proof New York City and save it from socialism - The Hill - January 2nd, 2026 [January 2nd, 2026]
- Democratic Socialism Arrives In NY With Zohran Mamdani; He Promises To Govern Audaciously - IndiaWest - January 2nd, 2026 [January 2nd, 2026]
- Zohran, Greenlands Oceanic Socialism, and the Trump Economy - The American Prospect - December 31st, 2025 [December 31st, 2025]
- Fighting Trump With Socialism - FOX News Radio - December 31st, 2025 [December 31st, 2025]
- Franklin Graham attributes rising church attendance to young people's rejection of 'anti-God socialism' - Christian Post - December 31st, 2025 [December 31st, 2025]
- Socialism and its tendency to turn things that were once very normal into a luxury - Contando Estrelas - December 31st, 2025 [December 31st, 2025]
- The Iron Lady saved England from socialism - kingfisherpress.net - December 31st, 2025 [December 31st, 2025]
- Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era receives high recognition from intl community: 2025 Global Survey on... - December 31st, 2025 [December 31st, 2025]
- Trump must reject housing socialism or face backlash at the ballot box - Washington Examiner - December 27th, 2025 [December 27th, 2025]
- Spain at a turning point: the decline of socialism and the rise of the far right - Atalayar - December 27th, 2025 [December 27th, 2025]
- With All Eyes on NYC, Seattle Quietly Braces for Its Own Experiment with Socialism - National Review - December 27th, 2025 [December 27th, 2025]
- Editorial: President Trumps brand of socialism has no place in a revival of Americas nuclear power industry - Chicago Tribune - December 10th, 2025 [December 10th, 2025]
- Sen. Rick Scott Calls for Passage of Resolution Denouncing Socialism: Its the Antithesis of the American Dream - U.S. Senator Rick Scott (.gov) - December 10th, 2025 [December 10th, 2025]
- Seminar: Cuba and China reinforce the validity of socialism as a development model for both peoples. - Workers World - December 10th, 2025 [December 10th, 2025]
- Socialism: Here, There, and Everywhere - Countercurrents - December 10th, 2025 [December 10th, 2025]
- LETTERS: Don't accept the immigration insanity; socialism creep in CFP - Waco Tribune-Herald - December 10th, 2025 [December 10th, 2025]
- The World Keep Turning: Mamdani, Costco and socialism - Greenfield Recorder - December 5th, 2025 [December 5th, 2025]
- Socialism Against the State - tribunemag.co.uk - December 5th, 2025 [December 5th, 2025]
- Billionaire sounds alarm on socialism: Theyre trying to change our way of life - Fox Business - December 4th, 2025 [December 4th, 2025]
- How a Trip to Poland Convinced Me That Socialism Works - The Imaginative Conservative - December 4th, 2025 [December 4th, 2025]
- Maureen Dowd: My brother believes that America will never buy socialism - The Irish Times - December 4th, 2025 [December 4th, 2025]
- US Democrats and Republicans Approve Resolution Condemning Evils of Socialism - ZENIT - English - December 4th, 2025 [December 4th, 2025]
- Prefecture Party Secretary Intensifies Ideological Demands: Tibetan Buddhism Must be Sinicized and Adapt to Socialism - Central Tibetan Administration - December 4th, 2025 [December 4th, 2025]
- Podcast: Is economic anxiety driving people to socialism? - Reason Magazine - December 4th, 2025 [December 4th, 2025]
- Socialism is popular, but government is still the problem - Washington Examiner - December 4th, 2025 [December 4th, 2025]
- The December 9 Protest in Tanzania, Nyereres African Socialism and the Struggle for Permanent RevolutionPart Four - World Socialist Web Site - November 30th, 2025 [November 30th, 2025]
- Letter stating that socialism will ruin US was hyperbolic [letter] - LancasterOnline - November 30th, 2025 [November 30th, 2025]
- Youth and Socialism: The Emerging Trend Reveals Growing Support Among Voters - La Voce di New York - November 30th, 2025 [November 30th, 2025]
- Liberty vs. socialism: The cases of Louisiana and New York - Washington Times - November 30th, 2025 [November 30th, 2025]
- The December 9 protest in Tanzania, Nyereres African Socialism and the Struggle for Permanent RevolutionPart Three - World Socialist Web Site - November 28th, 2025 [November 28th, 2025]
- What Socialism Got Right - In These Times - November 26th, 2025 [November 26th, 2025]
- The December 9 Protest, Nyereres African Socialism and the Struggle for Permanent RevolutionPart Two - World Socialist Web Site - November 26th, 2025 [November 26th, 2025]
- Resolution denouncing socialism passes in the House, ahead of Mamdani visit with Trump - Deseret News - November 26th, 2025 [November 26th, 2025]
- Zohran Mamdani and Donald Trump Prove That There Are Two Paths Toward Socialism - Reason Magazine - November 26th, 2025 [November 26th, 2025]
- These 2 Arizona Congress members opposed measure decrying socialism - azcentral.com and The Arizona Republic - November 26th, 2025 [November 26th, 2025]
- Watch: Carter denounces the horrors of socialism - U.S. Representative Buddy Carter (.gov) - November 26th, 2025 [November 26th, 2025]
- The Wave of Evolutionary Socialism in American Cities: News Article - Independent Institute - November 26th, 2025 [November 26th, 2025]
- They really think this is how socialism works. They're going to destroy the New York economy. - facebook.com - November 26th, 2025 [November 26th, 2025]
- Denouncing Socialism - Congressman Tom Mcclintock (.gov) - November 26th, 2025 [November 26th, 2025]
- Socialism and the soul of the Packard Foundation - Capital Research Center - November 26th, 2025 [November 26th, 2025]
- Mamdani dodges question on socialism vote ahead of high-stakes meeting with Trump - Fox News - November 26th, 2025 [November 26th, 2025]
- Horrors of socialism: The new red scare that preempts debate | Opinion - Idaho Statesman - November 26th, 2025 [November 26th, 2025]
- Armstrong Williams: Socialism is the equal sharing of misery | STAFF COMMENTARY - Baltimore Sun - November 26th, 2025 [November 26th, 2025]
- The December 9 protest in Tanzania, Nyereres African Socialism and the Struggle for Permanent RevolutionPart One - World Socialist Web Site - November 26th, 2025 [November 26th, 2025]
- Political Landscape Shifts As Alabama's Figures And Sewell Take Opposing Stands On Socialism - Tuscaloosa Thread - November 26th, 2025 [November 26th, 2025]
- Socialism may be the rage in NYC, but not in Fairfax County! - Fairfax County Times - November 26th, 2025 [November 26th, 2025]
- MINI: Don't kind yourself, socialism is alive and well in this country - Sioux City Journal - November 26th, 2025 [November 26th, 2025]
- The Rise of Zohran Mamdani and Socialism in America - Heartland on the Lars Larson Show - The Heartland Institute - November 26th, 2025 [November 26th, 2025]
- The Democratic Party Is Offering a False Choice Between Socialism and Technocracy - Reason Magazine - November 26th, 2025 [November 26th, 2025]
- Martin: The American Dream still outshines socialism - The Detroit News - November 20th, 2025 [November 20th, 2025]
- Opinion | Gen Z, Socialism and the Memes of Production - The Wall Street Journal - November 20th, 2025 [November 20th, 2025]
- Socialism will 'help the Republican Party if it spreads,' influencer says - Fox News - November 20th, 2025 [November 20th, 2025]
- BELMONTE | The Scariest Thing This Halloween Was Socialism - The Cornell Daily Sun - November 20th, 2025 [November 20th, 2025]
- PETROVA | The Red Sun Rises: How Democratic Socialism Swept the Vote - The Cornell Daily Sun - November 20th, 2025 [November 20th, 2025]
- David North to speak in London November 22: The American Volcano: Towards Fascism or Socialism - World Socialist Web Site - November 20th, 2025 [November 20th, 2025]
- Horace Cooper: Socialism Destroys Everything It Touches - The National Center - November 20th, 2025 [November 20th, 2025]
- Socialism 2025: Armed with socialist ideas, we can change the world! - Socialist Party - November 20th, 2025 [November 20th, 2025]
- Martin County falls victim to socialism trend. Vero Beach home to aging heroes | Letters - Treasure Coast News - November 20th, 2025 [November 20th, 2025]
- Bill Maher's terribly confused socialism rant may have gotten one thing right - lastnighton.com - November 20th, 2025 [November 20th, 2025]