Thomas Piketty, a French Marxist, got rich this year on book royalties. That his unreadable 700-page book got a huge market will go down as one of the great mysteries of early 21st-century capitalism. We have seen nothing like this since Tiny Tim sang Tiptoe Through the Tulips. That the world of the Left literati could take this book seriously indicates the degree of desperation of an entire generation of would-be economic reformers. This is not grasping at straws. This is trying to resurrect a corpse. Gorbachev gave up. Deng gave up. East Germany, the only potentially efficient society Communism ever … Continue reading Comrade Piketty Cut to Ribbons