by Summary:
I'm still reading The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century, which is fun, well-written and in my view less controversial than what most reviews have suggested. Yes, inequality tends to fall mostly by violent means during periods of crisis. Note, also, that Walter Scheidel uses in this book the concept of surplus, and as noted earlier here (or hereand here) before is part of this broader group of social scientists that still use the concepts of the old and forgotten classical political economists. There are significant advantages to this approach (see here, for example). Having said there is an issue that is a bit annoying in the book, which is it simplistic Monetarist view of hyperinflation. The publisher's blurb forgets to
Topics:
Mike Norman considers the following as important: inequality
This could be interesting, too:
I'm still reading The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century, which is fun, well-written and in my view less controversial than what most reviews have suggested. Yes, inequality tends to fall mostly by violent means during periods of crisis. Note, also, that Walter Scheidel uses in this book the concept of surplus, and as noted earlier here (or hereand here) before is part of this broader group of social scientists that still use the concepts of the old and forgotten classical political economists. There are significant advantages to this approach (see here, for example). Having said there is an issue that is a bit annoying in the book, which is it simplistic Monetarist view of hyperinflation. The publisher's blurb forgets to
Topics:
Mike Norman considers the following as important: inequality
This could be interesting, too:
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I'm still reading The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century, which is fun, well-written and in my view less controversial than what most reviews have suggested. Yes, inequality tends to fall mostly by violent means during periods of crisis. Note, also, that Walter Scheidel uses in this book the concept of surplus, and as noted earlier here (or hereand here) before is part of this broader group of social scientists that still use the concepts of the old and forgotten classical political economists. There are significant advantages to this approach (see here, for example).
Having said there is an issue that is a bit annoying in the book, which is it simplistic Monetarist view of hyperinflation.The publisher's blurb forgets to mention that inequality results from primitive accumulation based on violence. Perhaps it is mentioned in the book, but if not it is an oversight.
The violence of primitive accumulation breeds inequality and privilege, which results in more violence to address it.
Naked Keynesianism
Hyperinflation and inequality
Matias Vernengo | Associate Professor of Economics, University of Utah