In relation to the Internet, this paper discusses especially how insights from Piketty’s book can inform the discussion of tax avoidance by transnational Internet companies such as Google, Facebook and Amazon. I argue that they should however not dismiss them, but like Marx and Engels aim to radicalise reform suggestions. Marxists will certainly view Piketty’s analysis of capitalism and political suggestions critically. I argue that all three reactions do not help the task of creating a New Left that is urgently needed in the situation of sustained capitalist crisis. It identifies 3 common reactions to Piketty’s book: 1) dignification 2) denigration of the work’s integrity 3) the denial of any parallel to Marx. This article discusses the relevance of the book in the context of Karl Marx’s works and the political economy of the Internet. Thomas Piketty’s book Capital in the Twenty-First Century has resulted in a sustained political and academic debate about capitalism in the 21 st century.
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