GUEST BLOG: Dave Brownz – What Thomas Piketty and Matthew Hooton (don’t) tell us about the Labour Coalition
Thomas Piketty has discovered that all post-war elections in France, UK and US have been won by one of two political parties with a small margin of victory in all cases. He has worked out that both two main rivals represent the 1% leaving the 99% unrepresented. He predicts that these twin capitalist parties will be replaced by two parties that essentially represent Wall St and Main St. He calls them “multiple elite parties”.
