Quote of the Day

Thomas Piketty on the cynicism implicit in neoliberal dismissal of the capabilities of the state:

“We are told constantly that states can’t do anything, that it’s impossible to regulate the Cayman islands and the other tax havens because they are too powerful, and all of a sudden we send a million soldiers 10,000km from home to allow the emir of Kuwait to keep his oil.”

Financial Times, 27/28 June, 2015.