The Liberal Conception Of ‘Freedom’ Is Incapable Of Addressing The Problems Of Contemporary Capitalism
In a forthcoming book, Branko Milanović identifies four ‘troublesome features’ in ‘meritocratic liberal capitalism’ (while retaining full responsibility for these very tentative remarks, I would like to thank Branko Milanović for his feedback on them). These are the rising share of capital income in total income, which undermines meritocracy; the very high concentration of capital income, which […]












