Well-read Red Frann Michel surveys some of the discussion of Thomas Piketty's attempt to bring Karl Marx's insights into Capitalism up to date -- or at least some of those insights. Piketty's main finding is that left to its own devices, Capitalism can't help but produce gross inequalities of the kind we are seeing now. Making use of several reviewers and previews of the book itself, Frann considers the strengths and the limits of Piketty's analysis.
You can read Frann's comments on her blog. 9:36 minutes (5.5 MB)