There’s a new theory behind the rise of Isis. And it's very controversial
A year after his 700-page opus "Capital in the Twenty-First Century" stormed to the top of America's best-seller lists, Thomas Piketty is out with a new argument about income inequality. It may prove more controversial than his book, which continues to generate debate in political and economic circles.
Israeli spokesmen have their work cut out explaining how they have killed more than 1,000 Palestinians in Gaza, most of them civilians, compared with just three civilians killed in Israel by Hamas rocket and mortar fire. But on television and radio and in newspapers, Israeli government spokesmen such as Mark Regev appear slicker and less aggressive than their predecessors, who were often visibly indifferent to how many Palestinians were killed.
The sickening theory of laissez-faire capitalism finally died with the recent report from one of the West’s leading think tanks. The Organisation for Economic Co-operation and Development (OECD) has found that income inequality actually hampers economic growth in some of the world’s wealthiest countries, while the redistribution of wealth via taxes and benefits doesn't.